Brief: Vicom posts qtrly revenue of S$24.1 million

Vicom

07/08/2017 10:11

Aug 7 (Reuters) - Vicom Ltd  VCOM.SI : 
    * Qtrly revenue S$24.1 million versus S$25.4 million 
    * Qtrly profit attributable to shareholders of company S$6.1 
million versus S$6.6 million 
    * Declares a tax-exempt one-tier interim dividend of 13.12 
Singapore cents per ordinary share 
    * With immediate effect, dividend policy revised to payout 
ratio of 90% of net profit attributable to shareholders from 
previous policy of 50% 
    * "Business conditions are expected to remain challenging 
for the group" 
    * "Vehicle testing business will continue to face a high 
de-registration rate" 
    * "Non-vehicle testing business will continue to weaken with 
the general slowdown in the industries that we serve" 
 
Source text for Eikon:  ID:nSNZbvBHPj  
Further company coverage:  VCOM.SI  
 
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