ComfortDelGro Corporation Ltd has announced a 4.9% increase in year-to-date revenue for the third quarter of 2026, showcasing the resilience of its core businesses and strategic growth in public transport and Point-to-Point services. The company’s Managing Director and Group CEO, Cheng Siak Kian, highlighted the strength of long-term public transport contracts and the expansion into new markets, such as the Copenhagen Metro.
The company’s underlying performance remained robust, despite an 8.6% year-on-year decline in operating profit, excluding a one-off gain from the sale of depots in Victoria in 2025. ComfortDelGro continues to leverage its established transport-related businesses for recurring earnings and cash flows.
Public transport remains a key growth area for ComfortDelGro, with the Copenhagen Metro win enhancing its international rail capabilities. The company is actively pursuing opportunities across various markets to further strengthen its position.
In the Point-to-Point sector, ComfortDelGro is reshaping its business by expanding its private hire vehicle (PHV) fleet and driver network, aiming to create a scalable, platform-led mobility service. The integrated network now spans 45 key business travel destinations across 10 countries.
The company is also making strides in autonomous mobility, having completed 10,000 public rides in Punggol and advancing towards on-demand bookings. Through the CDG AV Academy, ComfortDelGro is collaborating with technology and vehicle providers to build the necessary talent and capabilities for autonomous vehicle deployment in Singapore and beyond.
ComfortDelGro’s strategic focus on resilience, disciplined growth, and transformation is expected to provide a foundation for sustainable earnings and long-term value creation.
