11 May 2020 - Singapore Business Review
Factory lockdowns in China, Spain, US and Malaysia dragged on profits. Venture Corporation’s net profits plunged 33.6% YoY to $60.3m in Q1, down from $90.9m in Q1 2019, the company revealed in an SGX filing. Revenue also fell 27.5% YoY to $673m from $928.8m over the same period of comparison. The group’s ...