103858073 :
Headwinds for Vicom : The group, however, revised its dividend payout ratio from 90 per cent of net profit attributable to shareholders to 70 per cent, in view of the capital expenditure required for its expansion plans. This includes an investment in a new testing and inspection centre at Jalan Papan. The group maintains a cautious outlook for the year as it expects demand for vehicle testing to remain stable, while demand for non-vehicle testing is likely to slow down in tandem with the economy. Vicom chief executive Sim Wing Yew said: The pressure on profit margin due to these factors remains a concern.
103858073 : Headwinds for Vicom : The group, however, revised its dividend payout ratio from 90 per cent of net profit attributable to shareholders to 70 per cent, in view of the capital expenditure required for its expansion plans. This includes an investment in a new testing and inspection centre at Jalan Papan. The group maintains a cautious outlook for the year as it expects demand for vehicle testing to remain stable, while demand for non-vehicle testing is likely to slow down in tandem with the economy. Vicom chief executive Sim Wing Yew said: The pressure on profit margin due to these factors remains a concern.
102641325 : I also need to now why?