Venture Corp's Q3 net profit down 27.5%

Singapore

ELECTRONICS manufacturing services provider Venture Corporation on Friday posted a net profit of S$80.8 million for the third quarter ended Sept 30, down 27.5 per cent from a year ago, missing street estimates.

Revenue fell 27.4 per cent to S$770.4 million, mainly attributable to the impact arising from customers' planned transition to new replacement products and …