SMRT books net profit of S$61.9m for FY2013

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Transport operator SMRT has booked a net profit of S$61.9 million for the full year ended on 31 March 2014. Meanwhile, its full year revenue rose by 4 per cent, to S$1.16 billion.

SMRT saw a 2.9 per cent increase in train ridership. Bus ridership meanwhile rose by 4.6 per cent.

SMRT has proposed a final dividend of 1.2 cent per ordinary share.

Including the interim dividend of 1.0 cent, this takes the total dividend for the year to 2.2 cents per share.