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Grand Venture reports 81.2% higher earnings of $5.4 mil for FY20

Felicia Tan
Felicia Tan • 2 min read
Grand Venture reports 81.2% higher earnings of $5.4 mil for FY20
Earnings per share (EPS) for the FY2020 stood at 2.23 cents.
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Homegrown manufacturing solutions and services provider Grand Venture Technology (GVT) has posted earnings of $5.4 million for the FY2020 ended December, 81.2% higher than the $3.0 a year ago.

FY2020 revenue was up 53.2% y-o-y to $61.4 million due to higher revenue from Semiconductor and Life Sciences, Electronics & Others business segments, with the former surging 76.6% y-o-y to $42.2 million amid strong demand.


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