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Venture Q3 profit climbs 7.7% to $35.1m

Retail store solutions and industrial products segment account for 30% of $588.5m revenue

Published Fri, Nov 8, 2013 · 10:00 PM
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VENTURE Corporation's third-quarter net profit has risen 7.7 per cent year on year to $35.1 million, despite a 3.4 per cent dip in turnover to $588.5 million.

"The industry has not shown signs of strong recovery," said the global provider of technology services, products and solutions yesterday. "In addition, minimum wage levels in low-cost jurisdictions continue to rise. However, the group has been able to mitigate these adverse factors through several strategic thrusts, namely its strong focus on…

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