VICOM profit jumps 45% to $42.5m in 2025
Revenue climbed 40% on OBU installations.
VICOM Ltd reported profit attributable to shareholders of $42.5m for the year ended 31 December 2025 (FY 2025), up 45.1% from a year earlier as revenue rose 40.1% to $167.4m, according to a press release.
Operating profit increased 49.7% to $51.8m. EBITDA rose 39.6% to $60.3m.
Earnings per share in FY 2025 climbed to 11.98 cents from 8.26 cents year on year (YoY).
The board proposed a tax-exempt one-tier final dividend of 5.30 cents per share, bringing total dividend for FY 2025 to 8.40 cents, up from 5.80 cents in FY2024.
VICOM expects overall demand for its testing services to decrease as vehicle-related work tapers following substantial completion of On-Board Unit installations in 2025.
Demand for non-vehicle testing is expected to increase when its integrated testing hub at Jalan Papan becomes fully operational in the second half of 2026.