Venture posts 20.3% rise in 2Q earnings of $43.4 mil

SINGAPORE (Aug 5): Venture Corporation, the provider of technology services, posted a 20.3% rise in 2Q16 earnings to $43.4 million, up from $36.1 million a year ago.

Revenue rose 3.4% to $683.3 million on the back of what the group described as “value creation and continued improvements in operational excellence across the group’s facilities and its entire value-chain”.

Looking ahead, Venture expects business sentiment to remain varied across the group’s diverse customer-base, providing stability and resilience to its long-term overall performance.

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