Venture's Q1 profit down 33%; revenue impacted by global supply chain disruptions
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Nisha Ramchandani
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Singapore
VENTURE Corp's entities in Singapore and Malaysia could stand to benefit from possible realignment of the global supply chain in the current business environment, the company said in a first quarter update.
Venture's first quarter net profit shrank by about 33 per cent year-on-year to S$60.3 million while revenue was impacted by global supply chain disruptions and factory lockdowns in certain markets.
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