[Bigiron]

Singapore’s Utilities Sector posts S$7.2 billion profit in 2023, profit per customer rises to S$4,500 

Singapore’s Utilities Sector recorded a S$7.2 billion surplus in 2023, with lower costs and higher revenues boosting profits by 71.4% year-on-year. Analyst Leong Sze Hian highlights the per-customer profit figure of S$4,500, raising questions over affordability and regulatory oversight.

https://www.theonlinecitizen.com/2025/03...-to-s4500/

[whylah]

huat ah, those big bosses there should deserve big bonuses liao.

[Ola]

If can make so much money, why still need to hike water prices by 18% + 18%?

So they can pay themselves more bonus?

Jac will say- They did not leave themselves behind

and "Well Done, PAP" to make us suffer.


https://www.channelnewsasia.com/singapor...rs-3796726

[Niubee]

PAP miscalculated. Overdoing it... all govt bills. But I will put blame on Ah Loong

[KILLjoy]

no wonder under the honourable one
kept increasing like no tomorrow

really a fuçkedup toxic disgusting little red menses dot which feed on citizens to survive

[Bw2023]

So many small businesses have had to close down because of their freaking energy bills

And ordinary folks have had to pay thru our noses

What the heck is EMA doing? Making billions of profits for these corporations at the expense of us

[Bw2023]

Surely you cant fix everything with cdc vouchers like some magic potion