Venture net profit down 9.3% in FY204

It also posted a 9.6% YoY decline in revenue.

Venture Corporation Limited reported a net profit of $245m for the financial year ended 31 December 2024, a 9.3% decline from the previous year.

The group reported revenue of $2,735.9m for FY2024, a 9.6% year-on-year decrease due to softer customer demand. However, revenue growth was recorded across most of its technology domains in the second half of the year, with strong performances in the networking and communications and advanced industrial technology sectors. This was partially offset by weaker demand in the lifestyle consumer technology segment.

The board proposed a final dividend of $0.50 per share, bringing the total FY2024 dividend to $0.75, including the interim payout of $0.25 in September.

The final dividend is subject to shareholder approval in April 2025 and, if approved, will be paid on 19 May 2025.

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Venture Corporation Limited

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