“The strong growth was due to growth across all the domains and its ability to overcome supply-side challenges, including global supply chain constraints, rising inflationary pressures and a tight labour situation,” writes UOB Kay Hian’s John Cheong in his Aug 8 note.
Analysts have generally maintained their positive view on Venture Corp after the bluechip manufacturing services firm reported better-than-expected earnings for 1HFY2022.
For the six months to June 30, Venture Corp reported earnings of $174 million, up 24% y-o-y. Besides growing the topline, the company was able to maintain its net margins at 9.7% — despite cost pressures inflicted on the global economy.
![[19/05/26] new top stories](/_next/image?url=https%3A%2F%2Fedgemarkets-transferred.s3-ap-southeast-1.amazonaws.com%2FPEO_KUNHEE_PARK_01_AC_2.jpg%3FTd3bG7fJqxPW3hMZRxhyfGgI25yRRD5v&w=640&q=75)
