Computers and Technology
Submitted By loojason
| Runaway expenses derail SMRT's 1st-half earningsStraits Times, 29 October 2011, 604 words, Christopher Tan, Senior Correspondent, (English)18% earnings fall as expenses outpace 7.1% revenue boost RAIL and rental group SMRT Corp posted an 18 per cent fall in net earnings to $68.9 million for the six months ended Sept 30, as expenses outpaced revenue growth. |
SMRT fined $200,000 for security breach
Straits Times, 19 October 2011, 703 words, Royston Sim, (English)
THE Land Transport Authority (LTA) has fined rail operator SMRT $200,000 for the Bishan depot security breach which left a train vandalised in August.
SMRT Q2 profit plunges 25.6%
Business Times Singapore, 29 October 2011, 469 words, Michelle Tan, (English)
Operating expenses rise 15.5% as electricity and diesel costs surge 44% RISING energy prices continued to take their toll on SMRT Corp, with its net profit falling 25.6 per cent year on year to $34.1 million for the second quarter ended Sept ... companies; SMRT tops in corporate governance study
SMRT Corp has come out tops in a study of the corporate governance practices of Singapore-listed firms.
The study was done by United States-based business consultancy Resources Global Professionals (RGP), which scrutinised the public records of the 30 companies that make up the Straits Times Index.
The companies were scored based on several factors, such as their compliance with the Code of Corporate Governance, structure of their boards, what directors are paid in comparison to employees, and how much information the company discloses about itself and its involvement in community projects and events.
| WHAT WENT WRONG: COMMUNICATION; We could have done better: SMRTStraits Times, 17 December 2011, 740 words, Royston Sim, (English)Communication and training of staff need to improve, it admits SMRT yesterday admitted that it could have done...