Earnings for the six months to June was down 8.6% y-o-y to $113 million, on the back of a 8.8% drop in revenue to $1.3 billion.
Alfie Yeo of RHB Bank Singapore has kept his "buy" call on Venture Corp given its attractive valuation and yield of around 6%.
After calibrating his earnings projections following the company's 1HFY2025 results, Yeo, in his Aug 25 note, has derived a higher target price of $15 from $12.60 previously, on the back of sector re-rating and positive earnings outlook.
