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Passenger Transportation, Ground & Sea

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Cabcharge Australia updates on acquisition of Yellow Cabs Queensland

Wednesday, 21 Jun 2017 07:27pm EDT

June 22 (Reuters) - Cabcharge Australia Ltd ::Entered into agreement in Feb 2017 to acquire business operations of Yellow Cabs Queensland for $20 million .ACCC has announced that it does not intend to oppose Cabcharge's acquisition of Yellow Cabs Queensland.Expects transaction to complete by 31 July 2017..Yellow Cabs operations are expected to contribute revenue of approximately $40 million and EBITDA of $3.5-4 million on an annualised basis.

Comfortdelgro says qtrly net profit S$82.5 mln

Friday, 12 May 2017 05:08am EDT

May 12 (Reuters) - Comfortdelgro Corporation Ltd :qtrly net profit s$ 82.5 million versus s$73.4 million a year ago.qtrly revenue s$ 972.0 million versus s$995.6 million.revenue from public transport services business in singapore is expected to be higher..revenue from australia bus business is expected to be higher.revenue from uk bus business is expected to decrease from foreign currency translation effect of weaker £..revenue from bus station business in guangzhou is expected to be lower.revenue from taxi business is expected to be lower..revenue from automotive engineering services business is expected to be lower.revenue from driving centre business is expected to be maintained..revenue from inspection and testing services business is expected to be lower.operating environment remains challenging and costs will continue to be managed prudently..revenue from car rental and leasing business is expected to be lower..

Sixt Q1 consolidated profit up 21.8 pct to 25.6 million euros

Thursday, 11 May 2017 01:31am EDT

May 11 (Reuters) - SIXT SE ::SIXT GETS OFF TO A RUNNING START IN 2017 AND SIGNIFICANTLY RAISES GROUP EARNINGS IN THE FIRST QUARTER.Q1 REVENUE ROSE 5.9 PERCENT TO 569.3 MILLION EUR.Q1 EARNINGS BEFORE TAXES (EBT) OUTPERFORM REVENUE GROWTH AND CLIMB 18.3 % TO EUR 36.8 MILLION.AFTER THREE MONTHS CONSOLIDATED REVENUE IS UP BY 5.9% TO EUR 569.3 MILLION, DRIVEN BY ONGOING STRONG GROWTH IN VEHICLE RENTAL BUSINESS UNIT'S FOREIGN OPERATIONS.POSITIVE OUTLOOK FOR FULL FISCAL YEAR 2017 UNCHANGED.Q1 CONSOLIDATED PROFIT IMPROVED 21.8% TO EUR 25.6 MILLION (Q1 2016: EUR 21.0 MILLION).EXPECTS THAT GROUP WILL GENERATE SLIGHTLY HIGHER OPERATING REVENUE AND STABLE TO MARGINALLY HIGHER EBT IN CURRENT FISCAL YEAR.

Nishi-Nippon Railroad to merge with wholly owned subsidiary

Thursday, 13 Apr 2017 04:27am EDT

Nishi-Nippon Railroad Co Ltd <9031.T> : Says it planed to merge with a wholly owned subsidiary based in Fukuoka City . Merger effective date on July 1 .Says the subsidiary will be dissolved after the transaction.

Sohgo Security Services to buy business from Tobu Railway's unit

Tuesday, 4 Apr 2017 02:43am EDT

Sohgo Security Services Co Ltd <2331.T> : Says co plans to fully acquire 100 percent stake in a subsidiary which will be established by Tobu Railway's unit Tobu Delivery Co Ltd and mainly engaged in security delivery business, at an undisclosed price .Says transaction date is July 3.

Sixt SE says FY profit rose 22.2 pct to 156.6 million euros

Wednesday, 15 Mar 2017 02:30am EDT

Sixt SE : After record year sixt expects for 2017 further growth of revenue and earnings . FY revenue rose 10.7 percent to 2.41 billion euros ($2.56 billion) . FY rental revenues once more showed growth outstripping market average and expanded by 11.4 percent to 1.53 billion euros (2015: 1.38 billion euros) . FY leasing revenue of 219.3 million euros was slightly up on level of last year (211.4 million euros; +3.7 percent) . FY profit rose 22.2 percent to 156.6 million euros . Dividend for 2016 to increase to 1.65 euro for ordinary shares and 1.67 eur for preference shares . In line with projected general economic developments in its core markets Sixt expects for 2017 to see ongoing growth in demand for Vehicle Rental Business Unit .Expects for current fiscal year to generate slightly higher consolidated operating revenue and stable to marginally higher group EBT.

CabCharge Australia HY revenue down 10.7 pct

Thursday, 23 Feb 2017 05:13pm EST

Cabcharge Australia Ltd : HY revenue down 10.7 pct to $79.1 million . HY loss for period from continuing operations attributable to owners of company down 211.8pct to $18.2 million . Interim dividend (current period) 10¢ per share . Special dividend (current period) 80¢ per share . Company entered into an agreement to acquire business operations trading as yellow cabs queensland for $20 million . Yellow cabs operations expected to contribute revenue of about $40 million and ebitda of $3.5 million to $4 million per annum. . Company entered into an agreement to sell a property in newcastle for $3 million .Expects to recognise a $1.7 million pre-tax gain on sale of newcastle business premises.

BTS Group qtrly net profit 468.1 mln baht vs 607.4 mln baht last year

Friday, 10 Feb 2017 08:03am EST

BTS Group Holdings PCL : qtrly net profit 468.1 million baht versus 607.4 million baht . "by 1h 2017, we expect to sign agreements to operate an additional 96.1km of rail lines" . "on the existing core network, we expect to see lower-than-expected ridership growth (target growth of 5-6%) in this fiscal year" ."media business has an optimistic outlook on the advertising industry in 2017".

Shinki Bus to transfer FC business of SALVATORE CUOMO & BAR to food service unit

Thursday, 9 Feb 2017 11:26pm EST

Shinki Bus Co Ltd <9083.T>: Says the co plans to transfer the FC business of SALVATORE CUOMO & BAR to its wholly owned food service unit .Says effective April 1.

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