Venture's Q1 earnings up 8.6% despite pricing pressures

Singapore

VENTURE Corporation's first-quarter net profit rose 8.6 per cent to S$90.9 million despite pricing pressures and intense competition in the business environment, it said on Thursday.

For the period ended March 31, 2019, revenue rose 8.5 per cent to S$928.8 million, on the back of broad-based growth across the group's portfolio of technology domains, as well as "solid execution" of its customers' programmes, it said.