venture corp

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Tech counters Venture, CSE Global up 11% after strong Q1 updates

Venture reaches three-year peak; CSE hits highest level in nearly two decades

The group attributes the rise in group revenue to heightened demand across technology domains that support AI-related infrastructure.

Venture posts 0.7% increase in Q1 earnings to S$56.3m amid strong AI infrastructure demand

Revenue for the quarter rises 1.9% to S$628.5 million, up 1.9% year from the previous year

For FY2025, Venture reported a 7.4 per cent year-on-year decline in net profit to S$227 million from S$245 million the year prior.

Venture posts 6.1% fall in H2 FY2025 earnings to S$114 million

Its board has proposed a final dividend of S$0.50 per share, unchanged from FY2024

Venture's Q3 revenue of $627.2 million is 9.1% lower than a year ago.

Venture posts 8.3% fall in Q3 earnings amid softness in consumer tech

The company is ‘ramping up activities for hyperscale data centres’, including network connectivity solutions

Excluding the lifestyle consumer technology domain, group revenue for Q1 would have risen year-on-year, it says.

Venture Corporation’s net profit falls 7% to S$55.9m in Q1 2025 

Earnings per share comes in at S$0.193, down 6.8% from the year-ago period

While the decline in net profit is in line with the lower revenue, Venture Corp notes it has a “robust" net profit margin of 8.8 per cent.

Venture Corp’s Q3 net profit falls 4.7% to S$60.6 million

Revenue is down 3.9% at S$689.7 million on softer customer demand

Wong Chee Kheong served as Venture's chief operating officer from January 2022 to May 2023.

Venture Corp appoints Wong Chee Kheong as group CEO

In his new role, Wong will provide leadership to all business units within the group, as well as drive its strategy and direction

Venture's board of directors has declared an interim dividend of S$0.25 per share, unchanged from the interim dividend declared last year.

Venture Corp H1 profit down 11.7% to S$123.7 million on lower revenue, demand

Revenue for H1 was down 12.5 per cent to S$1.4 billion from S$1.6 billion, due to softer demand in the first quarter of 2024