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Venture Corp improves 2HFY2021 earnings to $171.7 mil, to pay final dividend of 50 cents

The Edge Singapore
The Edge Singapore • 2 min read
Venture Corp improves 2HFY2021 earnings to $171.7 mil, to pay final dividend of 50 cents
Citing customers’ orders thus far, the company sees “a robust demand” outlook across various major segments.
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Venture Corp has reported 2HFY2021 earnings of $171.7 million, up 2.9% y-o-y. Revenue in the same period was $1.68 billion, up 1.7% y-o-y.

Earnings for whole of FY2021 was $312.1 million, up 5%. Revenue, meanwhile, was up 3.1% over FY2020 to $3.11 billion.

It managed to slightly improve its net margin to 10% for FY2021 from 9.9% in FY2020.

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