Venture Corp's Q4 profit rises 21.6%
Add BT as a preferred source
Anita Gabriel
DeeperDive is a beta AI feature. Refer to full articles for the facts.
VENTURE Corp on Friday reported a 20.6 per cent rise in fourth-quarter net profit to S$54.05 million, from S$44.82 million a year ago.
Revenue for the three months ended Dec 31, 2016, rose 23.1 per cent to S$854.6 million, from S$694 million, which was attributed to new product and programme introduction by customers and revenue growth from customers won in recent years.
Earnings per share stood at 19.5 Singapore cents versus 16.2 Singapore cents in the previous corresponding period.
The firm declared a final dividend of 50 Singapore cents per share, the same as for the previous year.
The counter gained six Singapore cents or 0.6 per cent to finish at S$10.32 on Friday.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
