VICOM FY2025 net profit edges higher to S$31.7m on resilient testing volumes; declares final dividend (details in attached results)
Summary:
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VICOM reported a slight year-on-year increase in net profit to about S$31.7 million for FY2025, supported by stable vehicle inspection and non-vehicle testing revenues.
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The Group maintained a strong balance sheet with net cash, reflecting its asset-light model and consistent operating cash flow generation.
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VICOM’s board approved a final cash dividend for FY2025, continuing its track record of high payout ratios to shareholders (specific amount and yield disclosed in the detailed results attachments).
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Management highlighted steady inspection demand and ongoing demand from industrial, construction and oil & gas customers for testing and certification services.
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The company signalled continued investment in digitalisation and new testing capabilities to support long-term growth while preserving its conservative financial profile.