Link: https://links.sgx.com/1.0.0/corporate-announcements/K4TU0ZJ6ELHGP6NL/ef711b2df0359a21d8b9a1da85f03e5d1a2e83bcef4f3ee1f08c5413b15b76b2

Summary:

• VICOM Ltd reported a strong first quarter for 2025, with revenue increasing by 18.9% to $33.4 million.
• The revenue growth was primarily driven by higher contributions from the OBU project and increased testing volume from the manufacturing and construction sectors.
• Operating profit rose by 8.7% and Profit After Tax and Minority Interest (PATMI) increased by 7.5% for the quarter.
• The company maintains a robust financial position with $65.1 million in cash and cash equivalents and generated $4.4 million in net cash from operating activities.
• Demand for both vehicle and non-vehicle testing remained strong, though potential negative impacts from global trade tensions are noted.