Venture Corporation has posted 2Q20 earnings of $70.2 million for the 2Q20 ended June, some 22.7% lower than the $90.8 million registered in 2Q19.

Revenue for the quarter fell 23.3% y-o-y to $692.7 million due to the Covid-19-induced lockdown measures that restricted the group’s manufacturing activities.

In an Aug 7 statement, Venture Corp said that it rebounded “swiftly” in May and June to achieve a sequential recovery in 2Q.

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