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Vicom posts 4.8% increase in 1Q earnings to $7.3 mil on higher revenue

Samantha Chiew
Samantha Chiew5/10/2019 05:25 PM GMT+08  • 1 min read
Vicom posts 4.8% increase in 1Q earnings to $7.3 mil on higher revenue
SINGAPORE (May 10): Vicom declared 1Q19 earnings of $7.3 million, 4.8% higher than $7.0 million in 1Q18.
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SINGAPORE (May 10): Vicom declared 1Q19 earnings of $7.3 million, 4.8% higher than $7.0 million in 1Q18.

This came on the back of a 4.1% increase in revenue to $25.5 million from $24.5 million a year ago, contributed by higher business volumes.

Total operating costs also increased by 2.5% to $16.7 million from $16.3 million last year.

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