Source: Singapore Business Review

Venture: Venture's profit up 16.4% to $70.2m in Q2

Uploaded By: Nathanielle Punay Submitted By: Nathanielle Punay Case Study: No Interim dividend was declared at $0.25 apiece. Venture Corporation saw its net profit jump 16.4% YoY to $70.2m in Q2, an SGX filing revealed. However, profit attributable to shareholders for H1 crashed 28.2% YoY to $130.51m from $181.68m in H1 2019. Revenue for the same quarter hit $692.7m, translating to a net margin of 10.1%. Meanwhile, revenue for H1 dropped 25.5% YoY to $1.37b from $1.83b. This brings the H1 net margin to 9.6%. read more

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Wong Ngit Liong

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