SUBSCRIBERS
Venture Q2 net profit falls 7% on lower revenue
Published Thu, Aug 8, 2019 · 09:50 PM
Singapore
VENTURE Corp's net profit fell 7.3 per cent to S$90.8 million in the second quarter, as its customers required less research and development (R&D) work compared to the same period a year earlier.
Revenue in the three months ended June 30 was S$903 million, down 5.1 per cent from the same period a year earlier.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Billionaire Geiger is said to near US$7 billion L’Occitane buyout
AIA’s first-quarter new business value rises 31%, announces US$2 billion buyback
Fading bets of early RBA cuts frustrate Albanese reelection plan
France moves to acquire key activities of tech giant Atos
Weaker yen keeps Japanese tourists at home while visitors throng
China could hinder BHP’s bid to become copper’s top producer