Brief: Grand Venture Technology Posts HY Revenue S$53.9 Million
08/08/2023 11:49
Aug 8 (Reuters) - Grand Venture Technology GRAN.SI :
* HY REVENUE S$53.9 MILLION VERSUS S$67.1 MILLION
* HY PROFIT AFTER TAX S$3.4 MILLION VERSUS S$7.1 MILLION
* MID AND LONG-TERM OUTLOOK OF SEMICONDUCTOR INDUSTRY'S
PROSPECTS
REMAIN STRONG
* GROUP IS STARTING TO SEE EASING OF EXCESS INVENTORY AND
EXPECTS
ORDER MOMENTUM TO PICK UP TOWARDS 2024
Source text for Eikon: ID:nSN4CkNTY
Further company coverage: GRAN.SI
((Reuters.Briefs@thomsonreuters.com;))
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