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Venture raises interim dividend despite 28.2% fall in H1 profit

Profit falls to S$130.5 million, as some customers pushed back orders amid Covid-19 pandemic

Sharanya Pillai

Published Fri, Aug 7, 2020 · 09:50 PM

Singapore

MAINBOARD-LISTED Venture Corp posted a 28.2 per cent fall in net profit to S$130.5 million for the six months ended June, as some customers pushed back orders amid the Covid-19 pandemic.

Nevertheless, the electronics manufacturing services provider declared an interim dividend of S$0.25 per share, up from S$0.20 a year earlier. The dividend will be paid on Sept 18.