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Vicom's Q3 profit up 6.1% at $6.78m
Published Mon, Nov 11, 2013 · 10:00 PM
VICOM'S net profit for the third quarter ended Sept 30, 2013, rose 6.1 per cent to $6.78 million, with revenue rising 6.9 per cent to $26.09 million as business volume grew.
Operating expenses in Q3 rose 7.4 per cent to $17.94 million compared with the previous corresponding period due to higher expenses to support the increase in revenue.
Consequently, Q3 operating profit was 5.8 per cent higher at $8.15 million.
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