venture corp
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
Venture Corp Q2 profit edges up to S$57.1 million; H1 earnings remain lower
Profit for H1 down 8.6% at S$113 million
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
Venture posts 6.6% fall in H2 net profit to S$121.4 million on weakness in lifestyle consumer segment
Revenue for the period falls 6.3% on year to S$1.35 billion
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
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 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
Brokers’ take: RHB upgrades Venture Corp to ‘buy’ on expected recovery
It previously downgraded the counter on account of customers destocking
Nearly half of STI constituents raised their CEOs’ salaries, mostly in line with EPS gains
The highest-paid chief is UOB’s Wee Ee Cheong with S$15.9 million for FY2023, up 11.9 per cent.
Hot stocks: Semiconductor plays punished on earnings disappointment
Lower customer demand, weak semiconductor sales and global industry slowdown cited as reasons for poor showing
