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Venture Q4 profit slides 24.7% but full-year earnings meet forecasts
Its subsidiary Technocom is buying a Johor Baru factory property
Published Fri, Feb 22, 2019 · 09:50 PM
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Singapore
VENTURE Corp's net profit fell 24.7 per cent to S$107.7 million in the fourth quarter, on less research and development work undertaken for customers compared to the same period a year ago.
Widening the gap was the absence of a one-off gain of S$11.3 million from Venture's disposal of its stake in Fischer Tech in 2017.
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