SMRT Trains’ full-year net profit down 82.4% to S$7.5 million
#3

the problem when u have a ceo
they always want to company to be 'profitable' so either to make them look good or increase ther pay

but they will do all kinds of miscellaneous thing to cut expense or cut corners to be more exact...eg cut on maintenance,,,and say we dont want to 'over-maintain'

in the end of the day
it doesnt matter if smrt made money or not
its a public transport...
prority should be smooth running of trains OVER profitabilty..
since it is no longer a public listed company ...there is no 'shareholders' to answer to..but the 'sharehiksers/govt' annswers to us...the communters...not on company profitability or smooth running of trains..
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