Vicom

Overall winner Civmec provides best returns, Sinarmas Land tops for PAT - THE EDGE SINGAPORE

Billion Dollar Club 2024

Overall winner Civmec provides best returns, Sinarmas Land tops for PAT

Civmec is expanding its capacity to better capture a growing volume of contracts

Results

Vicom reports 1HFY2024 earnings of $14.1 mil, 1.3% higher y-o-y

An interim dividend of 2.8 cents per share has been declared and will be paid on Aug 23.
Keppel’s Volt awarded contract by Vicom subsidiary to implement and operate public EV fast-charging hub - THE EDGE SINGAPORE

Electric vehicles

Keppel’s Volt awarded contract by Vicom subsidiary to implement and operate public EV fast-charging hub

The EV chargers at the new hub are expected to be the largest deployment of public ultrafast chargers at a single site in SEA.

Results

Vicom reports higher earnings of $27.6 mil, 5.4% y-o-y increase

Despite a key industry contracting by 4.3% in 2023, the company still reported higher earnings.
Vicom reports higher earnings of $26.2 million, led by non-vehicle testing - THE EDGE SINGAPORE

Results

Vicom reports higher earnings of $26.2 million, led by non-vehicle testing

The company plans to pay a final dividend of 3.32 cents per share, which, will bring the total for FY2022 to 6.64 cents per share

Contracts

Vicom enters into solar power purchase agreements worth $2.07 mil in IPTs

According to Vicom, CDG Engie Solar was awarded the contracts following a public tender called by the former.

Results

Vicom 1HFY2022 earnings up 9.2%

The company plans to pay an interim dividend of 3.32 cents
Lim Jit Poh to retire as chairman of Vicom after 40 years, to become emeritus chairman and remain as senior advisor - THE EDGE SINGAPORE

Transport

Lim Jit Poh to retire as chairman of Vicom; to become emeritus chairman and remain as senior advisor

Lim also announced that he will be retiring from his role as ComfortDelGro chairman in 2023.

Results

Vicom 1HFY2021 earnings up 23.7% y-o-y, to pay interim dividend of 3.4 cents

All licensed vehicles used for ride-hailing have to undergo annual inspections, suggesting more volume for Vicom
ComfortDelGro, SBS Transit and Vicom set up board sustainability committees  - THE EDGE SINGAPORE

Management & Corporate Governance

ComfortDelGro, SBS Transit and Vicom set up board sustainability committees

CGD says the move underscores the group's commitment towards ESG issues and performance.
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