Figure 1 - Vehicle Inspection Segmental Result
The vehicle inspection business has been seeing double digit growth in profits for the past 7 years and has managed to increase revenue by 10.6% and EBIT by 11.25% this year. CAPEX for this segment is extremely light throughout the year with the exception in 2006 and 2010. 2006 was due to building of CDST facilities while 2010 was as a result of the construction of the new HQ at Teban Garden. The construction expense is allocated to SETSCO for FY 2011. As seen, CAPEX usually occupies at most 10% of the total EBIT for the vehicle inspection segment.
Figure 2 - Number of vehicles inspected
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