For the year ended Dec 31 2024, the company reported earnings of $10.9 million, up 96% y-o-y. Revenue hit a record as it captured a bigger volume of businesses from semiconductor clients.
DBS Group Research has maintained its "buy" call on Grand Venture Technology (SGX:JLB
) following its FY2024 earnings that came in above expectations.
With an "upbeat" guidance for the current 1HFY2025, analysts Amanda Tan and Ling Lee Keng have raised their target price to $1.12 from $1.04.
