Venture Corp. Q1 Net Profit Crosses SG$56 Million on Tech Demand Surge

MT Newswires05-05

Venture Corp.'s (SGX:V03) net profit margin climbed 9% during the first quarter of the year, with the provider of technology services reporting a net profit of SG$56.3 million during the period, according to a Tuesday filing with the Singapore Exchange.

Earnings per share rose by 0.9% on year during the first quarter to SG$0.195 compared with a year earlier.

Revenue rose 1.9% year over year to SG$628.5 million, backed by strong demand across the technology segment.

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