Venture Corp reports net profit of $60.1 mil for 1QFY2024, 18.3% lower y-o-y
The Edge • 16 days ago
V03.SI : Singapore Exchange
13.960
-0.50%
Share Price in SGD. As of 17 May 17:04:01 SGT
Venture Corporation Limited announced distribution per share (DPS) of S$0.50
22 Feb 2024 • Upcoming dividend
Revenue: SGD 666.70M
Decreased 19% Year-on-Year
lower overall customer demand amid some remaining headwinds, which are beginning to taper off
Net Profit: SGD 60M
Decreased 1,834% Year-on-Year
increasing focus on operational execution and productivity enhancements
The Group is targeting for revenue to improve on a sequential basis from the first quarter of 2024 to the second quarter of 2024. In addition, it is expected that Group revenue will be higher in the second half of 2024 compared to the first half of 2024.
Sources: Venture Corporation Limited Financial Report
Price Target: $14.954
Source: SGX as of 19 May 2024
V03.SI | Market
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1 Day | 0.43% | 0.18% |
5 Day | -0.14% | 0.30% |
1 Month | -1.76% | 5.03% |
6 Month | 9.23% | 6.04% |
YTD | 0.14% | 2.59% |
1 Year | -6.81% | -1.79% |
5 Year | -10.17% | 0.39% |
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By SGX as of 19 May 2024
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