SINGAPORE (Feb 24): Venture Corp, the electronics services provider, posted 4Q16 earnings of $54.1 million, 20.6% higher from $44.8 million of earnings declared a year ago on higher revenue.
For the 12 months ended Dec, total earnings grew 17.3% to $180.7 million from $154 million in FY15.
The improvement in profitability was driven by revenue growth, value creation, as well as improvements in operational excellence across the group’s facilities and its entire value-chain, says Venture in its financial results announcement on Friday.
