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Venture Corporation reports earnings of $245.03 mil for FY2024, down 9.3% y-o-y

Nicole Lim
Nicole Lim • 2 min read
Venture Corporation reports earnings of $245.03 mil for FY2024, down 9.3% y-o-y
The group saw revenue growth across majority of its technology domains, but lifestyle consumer tech was impacted by unexpected lower demand. A total dividend of 75 cents per share has been declared. Photo: Venture Corporation
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Venture Corporation has reported earnings of $245.03 million for the FY2024 ended Dec 31, 2024, 9.3% y-o-y lower than FY2023’s $270.7 million. 

The group, which provides manufacturing services, reported a 6.6% y-o-y lower 2HFY2024 results of $121.4 million, down from the $130.01 million in the same period a year ago. 

Earnings per share for the period came in at 84.5 cents per share for the FY2024, and 41.9 cents for the 2HFY2024. 

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