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Venture Corporation&rsquo 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
[SINGAPORE] Technology solutions provider Venture Corporation reported a 7 per cent decline in net profit to S$55.9 million in the first quarter of 2025, from S$60.1 million in the year-ago period.
Revenue fell 7.5 per cent to S$616.6 million, from S$666.7 million in the corresponding period a year ago.
Group revenue declined largely due to lower demand in the company&rsquo s lifestyle consumer technology domain, where it improved the reliability and longevity for a customer&rsquo s key products through R& D design innovation, which led to lower product replacement, the group said in a bourse filing on Wednesday (May 14).
Excluding the lifestyle consumer technology domain, Q1 revenue would have risen year on year, the mainboard-listed company added.
Earnings per share came in at S$0.193, down 6.8 per cent from the year-ago period.
The group generated net cash of S$55.4 million in Q1, compared with S$132.9 million a year ago. Its working capital position improved by S$20.8 million through proactive working capital management and a reduction in inventory, it noted.
It said: &ldquo There is broad consensus amongst our customers that the ongoing tariff situation has created significant uncertainty in the global economic environment, with no clear visibility in the tariff landscape over the next 12 months.&rdquo
&ldquo Venture is well-positioned to proactively create competitive solutions for our customers and partners. With synergistic capabilities across our operations globally, we see opportunities to expand our market share in at least three or four of our technology domains.
Us markets in green 😍 👍 👍
john_ric ( Date: 12-Apr-2022 18:48) Posted:
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Depending on nasdaq's performance tonight
close strong...
john_ric ( Date: 12-Apr-2022 15:54) Posted:
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bold to pick up.
vicloo ( Date: 12-Apr-2022 12:55) Posted:
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should rebounce ....
vicloo ( Date: 12-Apr-2022 12:55) Posted:
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Back in position at 16.95 👍 😜
luckily closing down only 1 ct.
Venture Corp to halt Shanghai operations temporarily, sees no significant impact to business
MAINBOARD-LISTED Venture Corporation Venture : V03 +0.51% will temporarily halt its operations in Shanghai for a short period this week, after Shanghai' s city government announced that the city will go through a two-phase lockdown for 9 days, starting with residents to the east of the Huangpu river.
In response to The Business Times' queries, the company said it will continue to monitor the situation closely as it evolves and that the safety and well-being of its employees remains its topmost priority. Its initial assessment of the lockdown suggests that there is no significant impact to the business.
According to its 2020 annual report, Venture Electronics (Shanghai), a wholly-owned subsidiary, trades and manufactures electronic and computer-related products. Another wholly-owned subsidiary, Shanghai GES Information Technology, provides electronic manufacturing services.
" Prior to the recent lockdowns, we have minimised disruptions to the business by working very closely with our customers, and providing food supplies and other essentials to our employees at our plants to continue to run our operations," the company added.
According to the company' s spokesperson, 85 per cent of the company' s employees in China are vaccinated and there have not been any infected cases detected as of Mar 28.
Additionally, the company has also set up task forces to deal with operation challenges by working with customers, suppliers, government agencies and industry associations.
Ah Wong is the founder of Venture... He remains chair of board and kept buying venture shares.
tongphlp ( Date: 11-Jan-2022 11:18) Posted:
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things have never been looking up for this stock...tough
lifeisgood ( Date: 02-Mar-2022 09:28) Posted:
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So, can invest on this counter now?
Venture results between 2017 and 2021:
2017
Revenue : SGD 4.004 billion, net profit SGD 372 million
2021
Revenue: SGD 3.107 billion, net profit SGD 312 million
Things went downhill from 2017...
2017
Revenue : SGD 4.004 billion, net profit SGD 372 million
2021
Revenue: SGD 3.107 billion, net profit SGD 312 million
Things went downhill from 2017...
Venture Corp.
Venture Corp. bought back 23,000 shares in the market at S$17.62 each, for a total consideration, including other costs, of around S$405,670, the contract manufacturer said in a filing to SGX after the market close.
This is the most important announcement : The FUTURE IS VISIBLE AND BRIGHT!
Venture anticipates a robust demand outlook based on customers& rsquo orders and forecasts across various technology domains. In the Life Science domain, demand for products in the area of analytical instruments remains strong. Growing trends in Next-Generation Sequencing and other breakthrough technologies where its R& D Labs are engaged, are driving demand. Positive market momentum is also visible across Instrumentation, Test and Measurement, Networking and Communications, as well as Advanced Industrials domains, where several new product introductions are expected. Customers in the Lifestyle and Wellness sectors have provided positive outlook regarding their demand schedule for the year.
Venture anticipates a robust demand outlook based on customers& rsquo orders and forecasts across various technology domains. In the Life Science domain, demand for products in the area of analytical instruments remains strong. Growing trends in Next-Generation Sequencing and other breakthrough technologies where its R& D Labs are engaged, are driving demand. Positive market momentum is also visible across Instrumentation, Test and Measurement, Networking and Communications, as well as Advanced Industrials domains, where several new product introductions are expected. Customers in the Lifestyle and Wellness sectors have provided positive outlook regarding their demand schedule for the year.
I reckon results are good.. And it looks promising also for 'next financial year also!
tongphlp ( Date: 25-Jan-2022 10:26) Posted:
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It' s getting worse for Venture. No hope..
Sgvale ( Date: 12-Jan-2022 09:52) Posted:
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| Week of 10 Jan 2022 | |||||
| Institutional investors net buy (+S$314.7m) vs. (+S$185.5m) a week ago | |||||
| Retail investors net sell (-S$248.7m) vs. (-S$148.5m) a week ago | |||||
| Top 10 Institution Net Buy (+) Stocks (S$M) | Stock Code | Week of 10 Jan 2022 | Top 10 Institution Net Sell (-) Stocks (S$M) | Stock Code | Week of 10 Jan 2022 |
| OCBC | O39 | 139.7 | ComfortDelGro | C52 | (25.3) |
| DBS | D05 | 112.2 | Mapletree Logistics Trust | M44U | (23.6) |
| UOB | U11 | 101.7 | Thai Beverage | Y92 | (19.8) |
| Singtel | Z74 | 93.3 | CapitaLand Integrated Commercial Trust | C38U | (17.1) |
| SIA | C6L | 11.9 | ST Engineering | S63 | (16.8) |
| SPH | T39 | 10.9 | Keppel DC REIT | AJBU | (14.8) |
| City Developments | C09 | 10.7 | Venture Corporation | V03 | (14.6) |
| Jardine Matheson | J36 | 10.3 | Mapletree Commercial Trust | N2IU | (13.5) |
| SGX | S68 | 10.0 | Ascendas REIT | A17U | (12.7) |
| Sembcorp Industries | U96 | 8.9 | iFast Corporation | AIY | (8.6) |
| Top 10 Retail Net Buy (+) Stocks (S$M) | Stock Code | Week of 10 Jan 2022 | Top 10 Retail Net Sell (-) Stocks (S$M) | Stock Code | Week of 10 Jan 2022 |
| Mapletree Logistics Trust | M44U | 22.3 | OCBC | O39 | (144.8) |
| Ascendas REIT | A17U | 22.1 | DBS | D05 | (96.4) |
| ComfortDelGro | C52 | 19.8 | UOB | U11 | (78.6) |
| Thai Beverage | Y92 | 18.4 | Singtel | Z74 | (62.4) |
| CapitaLand Integrated Commercial Trust | C38U | 16.8 | SPH | T39 | (13.9) |
| Venture Corporation | V03 | 16.5 | SIA | C6L | (13.2) |
| ST Engineering | S63 | 14.8 | City Developments | C09 | (11.6) |
| iFast Corporation | AIY | 12.9 | Sembcorp Industries | U96 | (10.6) |
| Keppel DC REIT | AJBU | 11.3 | Mapletree North Asia Commercial Trust | RW0U | (7.4) |
| Mapletree Industrial Trust | ME8U | 9.2 | Yangzijiang Shipbuilding | BS6 | (7.3) |
Coming?
limkt009 ( Date: 11-Jan-2022 11:21) Posted:
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