SGSMRT Trains, Singapore's rail operator, reported a nearly doubling of its profit after tax to $12.8 million for the financial year ending March 31, compared to $6.9 million the previous year. This growth was attributed to increased ridership, higher fare revenues, and improved cost management. Revenue from rail operations rose 5.6% to $969.7 million, driven by a 5% fare increase effective December 27, 2025. However, rising energy costs due to the Middle East conflict impacted expenses, with energy costs increasing over 10% since the Iran war began in late February. SMRT also expanded its commercial services through subsidiaries like Strides Premier and Stellar Ace, investing in specialized vehicles and digital advertising infrastructure.
Bias read (Center): The article presents factual performance metrics of SMRT Trains, focusing on operational and financial outcomes without overtly endorsing or criticizing any political stance. While it mentions government-related factors such as energy prices influenced by geopolitical conflicts, it does not take a立场
