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Vicom posts 13% fall in 2Q earnings to $6.6 mil with more cars deregistered

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Vicom posts 13% fall in 2Q earnings to $6.6 mil with more cars deregistered

PC Lee Published on Wed, Aug 10, 2016 / 5:40 PM GMT+8

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SINGAPORE (Aug 10): Vicom posted a 12.6% fall in 2Q earnings to $6.6 million from a year ago.

Revenue for the three months to June fell 6.9% to $25.4 million due to lower business volumes.

Group operating costs also fell 2.5% to $17.9 million.

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