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Vicom posts 31% rise in FY18 earnings to $34.7 mil on higher revenue, one-off gain; declares special dividend

Stanislaus Jude Chan
Stanislaus Jude Chan2/12/2019 07:31 AM GMT+08  • 2 min read
Vicom posts 31% rise in FY18 earnings to $34.7 mil on higher revenue, one-off gain; declares special dividend
SINGAPORE (Feb 11): Vicom reports full-year earnings of $34.7 million for the FY18 ended December, 30.9% higher than earnings of $26.5 million a year ago.
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SINGAPORE (Feb 11): Vicom reports full-year earnings of $34.7 million for the FY18 ended December, 30.9% higher than earnings of $26.5 million a year ago.

This was mainly due to an increase in revenue and a one-off net gain in other income.

FY18 revenue rose 3.1% to $100.1 million, from $97.0 million a year ago, on the back of higher business volumes.

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