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02-08-2011, 04:06 PM
SMRT may be able to increase fare because of high electricity cost. Can SMRT mitigate the staff cost?
circle line will be fully open on Oct, SMRT should be able to have better profit. and from 2007 til 2011, SMRT have invested around 100 million (before depreciation) in rolling stocks, assuming for circle line, as well as for upgrade of green/red lines. Maybe less capex can be expected from now on.
circle line will be fully open on Oct, SMRT should be able to have better profit. and from 2007 til 2011, SMRT have invested around 100 million (before depreciation) in rolling stocks, assuming for circle line, as well as for upgrade of green/red lines. Maybe less capex can be expected from now on.