Staff Reporter
,
Singapore
Photo from Pexels by Jan van der Wolf
The company said it is due to lower revenue.
Venture Corporation Limited’s net profit decreased by 4.7% quarter-on-quarter (QoQ) to $60.6m during the third quarter of the year (Q3 2024).
The company said it is due to lower revenue.
During the period, the group’s revenue stood at $689.7m, a 3.9% QoQ decrease due to soft demand in the Life Science, Lifestyle Consumer and Test and Measurement Instrumentation tech domains.
Despite softer customer demand, the company expects a stable revenue for the year's second half.
Join
Singapore Business Review
community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!