Venture Corporation

Results

Venture Corp posts $60.6 million net profit in 3QFY2024, down 4.7% q-o-q

The company expects its revenue for 2HFY2024 to be relatively stable compared to 1HFY2024.

Broker's Calls

Venture Corp and Frencken are DBS’s downstream picks; both look set to benefit from AI wave and recovery of end demand

DBS has “buy” calls on both companies with a TP of $1.77 for Frencken and a TP of $16.40 for Venture.

Results

Venture Corporation posts 11.7% decline in 1HFY2024 earnings to $123.7 mil, expects stronger 2HFY2024

Venture's 1HFY2024 came in lower y-o-y, but it expects a higher 2HFY2024 to come.

Broker's Calls

RHB upgrades Venture Corp to ‘buy’ as it anticipates recovery moving into FY2025

"We think Venture Corp is seeing the tail-end of its customers’ destocking phase," says analyst Alfie Yeo.

Broker's Calls

Nvidia, UMS and Venture named as AI plays as AI dominates recent earnings season: DBS

AI-driven sectors are “leading the charge”, says the team at DBS Group Research.

Results

Venture Corp reports earnings of $270.0 mil for FY2023, down 26.9% y-o-y

Technology solutions provider, Venture Corporation, has reported earnings of $270.0 million for FY2023, 26.9% lower y-o-y.
CGS-CIMB trims Venture Corp target price on muted outlook - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB trims Venture Corp target price on muted outlook

CGS-CIMB Research expects Venture to report earnings of $64 million in its 3QFY2023 business update.

Results

Venture Corp posts 19.7% lower net profit of $140 mil, maintains DPS of 25 cents

Earnings per share was 48.0 cents for 1HFY2023, down from 59.8 cents this time last year.
Despite challenging 2Q2023, RHB Bank Singapore keeps ‘buy’ call on Venture Corporation - THE EDGE SINGAPORE

Broker's Calls

Despite challenging 2QFY2023, RHB Bank Singapore keeps ‘buy’ call on Venture Corporation

Despite a challenging 2Q2023, RHB Bank Singapore maintains ‘buy’ call on Venture Corporation.
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