Home Capital Broker's Calls

Venture Corp's 3Q21 missed expectations, but better things lie ahead: analysts

Atiqah Mokhtar
Atiqah Mokhtar11/9/2021 9:15 AM GMT+08  • 3 min read
Venture Corp's 3Q21 missed expectations, but better things lie ahead: analysts
Analysts are sanguine on the changes in Venture Corp's executive leadership as well as easing supply chain disruptions.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Analysts have remained mostly positive on Venture Corp, despite its 3QFY2021 ended September results missing expectations.

See: Venture Corp reports slight sequential gain in 3QFY2021 earnings

“Venture Corporation reported 3QFY2021 revenue and NPAT of $769.9 million and $77 million which were lower than expected, mainly due to component shortage which the global industry has been facing,” comments Jarick Seet from RHB Group in a Nov 8 research note.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.