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Venture Corp 1Q earnings up 36% to $48.6 mil on higher revenue

Jude Chan
Jude Chan4/28/2017 05:59 PM GMT+08  • 1 min read
Venture Corp 1Q earnings up 36% to $48.6 mil on higher revenue
SINGAPORE (April 28): Venture Corporation saw earnings grow 35.6% to $48.6 million in the first quarter ended March 31, from $35.8 million a year ago.
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SINGAPORE (April 28): Venture Corporation saw earnings grow 35.6% to $48.6 million in the first quarter ended March 31, from $35.8 million a year ago.

Revenue rose 33.7% to $843.1 million in 1Q, from $630.7 million in the corresponding quarter last year.

The increase in revenue was mainly attributed to Venture Corp’s diversified customer base, as well as new product and programme introduction by several customers.

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