GVT anticipates minimal growth in US-bound exports for FY 2025

The company reaffirms its revenue guidance for the first half of 2025 at $90m to $96m.

Grand Venture Technology (GVT) does not expect a significant increase in United States-bound exports in the financial year 2025.

In FY 2024, direct exports to the US were less than 10% of total group revenue. Additionally, more than 70% of these exports originated from Singapore.

The group is actively engaging customers to redirect most US-bound exports to their Asian manufacturing sites, thereby mitigating potential disruptions or cost impacts.

The remaining portion of US exports is primarily related to New Product Introductions, which is limited in volume and part of planned transitions.

The company reaffirms its revenue guidance for the first half of 2025 at $90m to $96m.