Byte Sized News Release: Vicom Ltd’s Q2 profit down 8.3% to S$6.07m Vicom Ltd has recently released its 2nd quarter’s financial statement on 7 August 2017. Revenue was down to S$24.1 million (S$25.4 million in 2Q 2016), translating to a 5.2% decline. Net profit dropped 8.3% year-on-year to S$6.1 million. Its

Byte Sized News Release: Vicom reported a 12.6% drop in net profit for 2Q16 On 10 Aug 16, Vicom Limited (SGX: V01) released its second-quarter earnings. The reporting period was for 1 April 2016 to 30 June 2016. Revenue for the second quarter was $25.4 million, down 6.9% from the

Previously we blogged about Vicom Limited’s 2015 full year financial report. At the end of the blog, we highlighted that we would be diving deeper into the fundamentals of Vicom. Vicom has two major operating segments, vehicle inspection and non-vehicle inspection operations. As the non-vehicle inspection segment is highly fragmented