SINGAPORE (Feb 27): Venture Corporation reported earnings of $96.3 million for 4QFY2019 ended December, some 10% lower than earnings of $107.7 million in the corresponding quarter last year.
This brings the group’s full-year earnings to $420 million, a marginal decline of 3.0% from FY2018’s earnings of $433 million.
Despite the lower earnings, Venture is maintaining its yearly dividend payout of 70 cents per ordinary share, including a 20 cents interim dividend that was paid in September 2019, and a proposed final dividend of 50 cents.
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