Vicom profit down 10.4%, difficult business challenges expected
Vehicle inspection and testing business threatened by high de-registration rate
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Singapore
VICOM'S net profit for the year ended Dec 31, 2016, fell 10.4 per cent to S$28.2 million from 12 months earlier.
Full-year revenue dipped 5.2 per cent to S$101.2 million on lower business volumes.
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