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Vicom profit down 10.4%, difficult business challenges expected

Vehicle inspection and testing business threatened by high de-registration rate

Published Wed, Feb 8, 2017 · 09:50 PM

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.

No fourth quarter numbers were given.

Vicom, a unit of land transport giant Comfo…

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