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Venture Corp's Q2 net profit up 11.6%

Published on Aug 8, 2014 8:39 PM

SINGAPORE - Strong growth in the networking and communications, and test and measurement segments contributed to a rise in electronics manufacturer Venture Corp's net profit for the second quarter.

Earnings for the three months ended Jun 30 came in at $33.5 million, an increase of 11.6 per cent over the corresponding period last year.

The company registered revenue of $601.1 million for the second quarter, a slight increase of 2.3 per cent over last year.

This was mainly due to the test and measurement, medical, and others segment, which registered revenue growth of 18.4 per cent over last year.

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