vicom

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

Demand for vehicle inspection services was also strong, buoyed by Singapore’s economic expansion

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

It announces that it cornered 72.9% of the market, and inspected more than half a million vehicles in 2024

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.
SIAS INVESTORS’ CHOICE AWARDS 2024

Championing sustainability in the corporate world: 4 companies show the way

They have each won the Singapore Corporate Sustainability Award for showing leadership in integrating ESG principles into their operations

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

Revenue up 0.8% year on year to S$56.3 million for the period

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

Revenue rose 1% to S$28 million in the quarter

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

VEHICLE inspection company Vicom reported on Wednesday (Feb 21) a 4.5 per cent increase in net profit for the second half of 2023, on the back of higher revenue.

The marginal rise in net profit was a result of higher interest income, which was offset by lower operating profits, Vicom said in a business update.

Vicom Q3 net profit inches up 1% to S$6.6 million

MAINBOARD-LISTED vehicle inspection company Vicom posted a net profit of S$6.6 million for the third quarter ended September, up 1 per cent from S$6.5 million in the year-ago period.

Vicom maintains a cautious outlook for the year as it expects demand for vehicle testing to remain stable.

Vicom H1 profit up 6.3% on higher interest income

MAINBOARD-LISTED vehicle inspection company Vicom on Friday (Aug 11) reported a net profit of S$13.9 million for the half year ended Jun 30, climbing 6.3 per cent from S$13.1 million the corresponding...

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Vicom's revenue for Q1 has risen 6.6 per cent to S$27.8 million, from S$26 million in the year-ago period, mainly due to higher business volume in its non-vehicle testing business.

Vicom Q1 profit up 8% to S$6.9 million on higher operating profit, interest income

VEHICLE inspection company Vicom posted a 8 per cent rise in profit after tax and minority interest for its first quarter ended Mar 31, 2023, from S$6.3 million in the year-ago period.