VICOM

[cyclone]

23.17 + 8.62 = 31.79

Financial Results for the Year ended 31 December 2018 ("FY 2018")

Highlights:
1. Total revenue of $100.1 million for 2018 was $3.0 million or 3.1% higher than 2017 due to higher business volumes
2. Operating profit of $39.7 million for 2018 was $9.2 million or 30.3% higher than 2017
3. Profit before tax of $41.1 million for 2018 was $9.2 million or 28.6% higher than 2017
4. Taxation for the Group of $6.0 million for 2018 was $0.9 million or 18.6% higher than 2017
5. Profit attributable to Shareholders of the Company of $34.7 million for 2018 was $8.2 million or 30.9% higher than 2017
6. Total Equity increase by $2.5 million to $151.8 million as at 31 December 2018 due mainly to the profits generated from operations offset by payment of dividends.
7. Total Assets increase by $10.7 million to $190.2 million as at 31 December 2018 due to the increase in Non-Current Assets of $10.7 million.
8. Total Liabilities increased by $8.2 million to $38.4 million as at 31 December 2018 due mainly to the increase in provision for relocation costs of $7.0 million and increase in Tax Provision of $1.2 million
9. The Directors propose a tax-exempt one-tier final dividend of 23.17 cents (2017: 22.88 cents) per ordinary share and a tax-exempt one-tier special dividend of 8.62 cents (2017: nil cents) per share.

More details in http://infopub.sgx.com/FileOpen/VICOM_FY...eID=543029