Venture Corp bottlenecked by component shortage, although orders are still strong: analysts
Lim Hui Jie • • 5 min read
Mixed ratings for Venture Corp as it grappled with a component shortage that stifled its revenue and profit growth in 1H21
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Analysts have given mixed ratings and target price forecasts for Venture Corp as the company grappled with a component shortage that stifled its revenue and profit growth for its 1HFY2021.
Venture Corp reported a 4.9% y-o-y increase in revenue to $1.43 billion and 7.6% y-o-y higher net profit of $140.4 million.
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