Singapore Stock Market News
Vicom Ltd - Potential realised
StockFanatic
Publish date: Tue, 12 Aug 2014, 11:15 PM
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Vicom did not disappoint, as 1H14 revenue of S$54.2m (+2.9% yoy) formed 49% of our FY14 revenue estimate, while net profit of S$15.2m (+6.5% yoy) formed 50% of our FY14 net profit estimate. Also, an interim dividend of 8.75 Sct was announced, in-line with Amfraser's expectations (final dividend of 8.75 Sct plus special dividend of 5 Sct).
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