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Venture returns to Q4 profit in absence of year-ago impairment

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Published Thu, Feb 25, 2016 · 09:50 PM

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Venture Corp

Singapore

VENTURE Corp swung into a net profit of S$44.8 million in the fourth quarter without having to bear the year-ago burden of an impairment loss on an associate.

For the three months ended December, earnings per share was 16.2 Singapore cents. Full-year net profit doubled to S$154.0 million, or 55.8 Singapore cents per share.

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