This growth in revenue for the 3QFY2025 was mainly contributed by the Vehicle On-Board Unit (OBU) project and strong demand in the testing business, the group says.
Operating costs grew to $7.2 million for the third quarter, mainly due to higher fees, raw materials in relation to the OBU project.
As such, patmi increased due to higher operating profit offset by lower interest income and higher provision for income text.
Vicom as at Sept 30 has a balance sheet with cash balance of $42 million to sustain and support business growth.
See also: Fortress Minerals earnings surge to US$4.49 mil for 3QFY2026
It has net cash of $13.6 million used during 3QFY2025 mainly for payment of development of Jalan Papan and dividends.
Shares in Vicom closed 1 cent lower or 0.625% down at $1.59 on Nov 10.
