VICOM profit jumps 45% to $42.5m in 2025
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VICOM Ltd reported a 45.1% increase in profit to $42.5 million for FY 2025, driven by a 40.1% rise in revenue to $167.4 million, primarily from OBU installations. Operating profit rose 49.7% to $51.8 million, and EBITDA increased by 39.6% to $60.3 million. Earnings per share climbed to 11.98 cents. The board proposed a final dividend of 5.30 cents per share, totaling 8.40 cents for FY 2025. However, VICOM anticipates a decrease in demand for vehicle-related testing services as OBU installations conclude, while non-vehicle testing demand is expected to rise in 2026.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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