Vicom mentioned that it installed more than 251,000 OBUs in 2025, which is the highest among four authorised partners.
Meanwhile, operating profit saw a growth of 49.7% y-o-y to $51.8 million.
In view of the financial performance for FY2025, Vicom’s board has proposed a final dividend of 5.30 cents per share.
Together with the interim dividend of 3.10 cents per share, total dividend for FY2025 will be 8.40 cents per share, representing a dividend payout ratio of 70%.
See also: Riverstone Holdings reports lower earnings of RM41.1 mil for 1QFY2026, down 27.1% y-o-y
In terms of outlook, Vicom expects overall demand for its testing services to decrease in the year ahead as demand for vehicle testing and related work is expected to taper off, following substantial completion of OBU installations in 2025.
“Our new integrated Jalan Papan hub will provide expanded space to increase the operational capacity of our vehicle inspection business while housing emerging and advanced non-vehicle testing services to meet rising industrial demands,” says Sim Wing Yew, Vicom’s CEO.
Shares in Vicom closed 2 cents higher or 1.18% up at $1.72 on Feb 20.
