Singapore's Venture Corp H1 revenue and profit rise, lifts interim dividend

VENTURE

06/08/2026 10:26

Overview
Singapore technology services provider's 1H 2026 revenue grew 7.4% yr/yr
Net profit for 1H 2026 rose 5.6% yr/yr, with net profit margin at 8.8%
Company raised interim ordinary dividend by 20% to 30 cents per share

Outlook
Company expects strengthening demand in Networking & Communications and Semiconductor Equipment domains
Company sees improved momentum across multiple technology domains in 2H 2026

Result Drivers
TECHNOLOGY DOMAIN GROWTH - Co said revenue growth was driven by Test & Measurement Instrumentation, Networking & Communication, and Semiconductor Related Equipment technology domains
IMPROVED BUSINESS MOMENTUM - Sequential revenue growth in 2Q 2026 reflected improved business momentum, per co
OPERATIONAL DISCIPLINE - Net profit margin supported by focus on high value-add solutions and strong operational discipline

Company press release: ID:nSNbgsFXM

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
S$1.35 bln
 
H1 Net Income
 
S$119.30 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the electronic equipment & parts peer group is "buy"
Wall Street's median 12-month price target for Venture Corporation Ltd is S$21.03, about 28.4% above its August 5 closing price of S$16.38
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 19 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)