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Venture Corporation Slips Over 3%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Shares of Venture Corporation Ltd. (V03.SI,VEMLF) declined over 3% on Friday. On Thursday, the company had registered a sequential decline in the third quarter. The company recorded a quarterly profit of S$55.6 million. Earnings per share stood at 19.2 cents, down 3% from the prior quarter.

Revenue was S$627.2 million, down 2.8% from the prior quarter, reflecting an expected softness in the Lifestyle Consumer technology domain.

VEMLF was down 3.32% at S$14.56 on the Singapore Stock Exchange at the close.

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