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The firm has a 16 percent share of the bus market in the state of Victoria.

By Samuel Ee Mon, Nov 17, 2008 The Business Times HIGH energy costs and diesel subsidies to taxi hirers, as well as a weaker British pound, put the brakes on Comforters Corp’s third-quarter net profit, dragging it down 18.1 per cent to .3 million from a year ago.

But they still need to go to the respective pick-up points in the other country.

But operating profit was 32 per cent lower from a year ago because of higher fuel costs.

But operating profit of .4 million was 36 per cent lower from a year ago because of higher fuel costs.

UK bus operations accounted for over 70 per cent of overseas bus turnover, which itself was 58.9 per cent of total group bus turnover.

Comfor Del Gro said Q3’s overseas turnover accounted for 42.2 per cent of total group turnover, down from nearly 48 per cent a year ago, with the long-stated goal to derive half of group revenue from abroad facing a speed hump in the form of a depreciating British pound.

Otherwise, the group said Q3’s group operating profit was 50 per cent higher compared with Q2 due to improvements across all businesses.

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