Vicom's Q3 profit down 7.9% to S$6.8m

Singapore

VICOM'S net profit for the third quarter ended Sept 30 fell 7.9 per cent to S$6.80 million as revenue inched up 0.1 per cent to S$25.41 million.

Vicom is a unit of land transport giant ComfortDelGro. It provides vehicle inspection and testing services and as Singapore's vehicle population falls, so does demand for Vicom's services.