Friday, April 29, 2016

SMRT shares gain on higher earnings

Mass transport operator SMRT Corp is up 3.4% to $1.53, following its first quarter results announcement.

SMRT said net profit for the three months to the end of March was $26.6 million, up 27.6% from a year earlier.

SMRT has seen a spate of rail track failures and delays, including a fatal accident.

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