Venture Corp Q2 profit up 40% on R&D margin jump
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Singapore
MARGIN expansion from more research and development (R&D) work helped Venture Corp more than make up for a revenue shortfall in the second quarter, lifting the group's net profit in line with street estimates.
The electronics manufacturing services (EMS) firm posted a net profit of S$97.9 million in the second quarter, up 40.2 per cent from the same period a year earlier.
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