ComfortDelGro's FY2011 profit up 3.1% to $236m

ComfortDelGro said it posted a 3.1% net profit for the financial year ended Dec 31, 2011, to $235.6 million from $228.5 million last year.

The land transport operator posted record turnover of $3.41 million for the year, a 6.4% increase from $3.21 million a year ago, on the back of broad-based increases in revenue from all business segments.

A final tax-exempt one-tier dividend of 3.30 cents per share has been proposed.

Together with the normal interim tax-exempt one-tier dividend of 2.70 cents paid earlier, the total dividend for 2011 will be 6.0 cents per share.