vicom

Vicom’s long-serving CEO Sim Wing Yew to retire, deputy to step up

Chung Tying Chun will continue to be at the helm of Setsco Services after his appointment as Vicom’s deputy CEO.

Vicom CFO Mary Lee to retire, Chung Tying Chun to be deputy CEO

Vicom's H2 revenue grew 54.4% year on year to S$97.6 million, from S$63.2 million.

Vicom posts 77.6% surge in H2 net profit to S$26.9 million

The integrated hub at Jalan Papan will start operations progressively from Feb 16, with full operations expected in the second half of the year.

Vicom sets up S$60 million integrated hub to adapt to EVs, complex industrial testing needs

Vicom installed over 78,000 on-board units or OBUs in Q3, up from 71,000 units in the previous quarter.

Vicom’s Q3 earnings up 45% as it installs more OBU units in Singapore vehicles

Vicom expects strong demand for vehicle testing and related work in 2025, bolstered by the installation of the seamless on-board units for paying ERP and parking fees.

Vicom posts 11% higher H2 net profit on robust demand for vehicle testing

The growing focus on sustainability is being recognised by accolades like the Singapore Corporate Sustainability Award (SCSA), which honours companies that have shown ESG sustainability disclosures and reporting.
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The board has declared an interim dividend of S$0.028 per share, to be paid out on Aug 23.

Vicom posts 1.3% higher H1 net profit of S$14.1 million

Vicom says installation of the new on-board units as part of the refreshed Electronic Road Pricing system has commenced.

Vicom Q1 net profit up 1.3% to S$6.9 million

Vicom expects demand for vehicle testing and related work to be “strong” as the company has been appointed by the Land Transport Authority as an authorised partner for On-Board Unit installations, part of the Electronic Road Pricing 2.0 exercise.

Vicom’s H2 net profit climbs 4.5% to S$13.7 million on higher revenue