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Venture Corp's Q3 net profit shrinks from 2019, but improves from Q2

It expects stronger H2 showing if disruptions don't get worse

Sharon See

Published Fri, Nov 6, 2020 · 09:50 PM

Singapore

ELECTRONICS manufacturing services firm Venture Corporation posted a net profit of S$80.2 million in the third quarter of 2020, a 5.9 per cent year-on-year decline compared to a year ago.

Q3's performance has however improved by 14.2 per cent, compared with Q2 at S$70.2 million, the company said in an exchange filing on Friday evening after the market closed.