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Monday, 30 April 2007

Electronics company Venture Corp books 43% jump in Q1 earnings; Posted: 25 April 2007 2215 hrs

SINGAPORE: Electronics contract manufacturer Venture Corp. has booked a 43 per cent jump in first quarter earnings, compared to a year ago.

Net profit came in at S$70.7 million - while revenue climbed 32 per cent to S$968.9 million.

Venture says its sales growth was due to customers' business expansion and new product launches.

The numbers include contributions from GES International, which Venture recently acquired.

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