This was due mainly to the lower business volume in the non-vehicle testing business arising from the slow down of the manufacturing sector.
Vicom (SGX:WJP
) has reported earnings of $6.55 million for its 3QFY2023 ended September, a 1% increase y-o-y compared to the same period last year as a result of higher interest income.
Revenue for the period came in at $27.25 million, slipping 1% compared to the $27.4 million recorded in 3QFY2022, while operating profit dipped by 2% to $7.93 million. Vicom’s operating costs stayed flat at $19.3 million during the quarter.
