Venture Corporation manufacturing, Chart with Support Resistance

Venture Corporation Ltd is an electronics manufacturing services provider with expertise in a wide range of activities, such as
1. Printing and imaging,
2. Networking and communications,
3. Retail store solutions and industrial,
4. Medical and life sciences, etc

24 Feb 2017

Oct 2016

Revenue rose 1.8% to $705.7 million.

Profit of $47.4 million for 3Q, a 16.9% increase over the earnings of $40.5 million a year ago.


Jan 2017
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.

Revenue for the quarter grew 23.1% to $854.6 million from $694 million in the previous year, largely due to new product/programme introduction by customers, in addition to revenue growth from customers won in recent years.

Net margin for 4Q registered at 6.3% from 6.5% in the previous year, while diluted earnings per share was 19.3 cents compared to 16.2 cents in 4Q15.