Venture Corporation (SGX:V03
) has reported a higher revenue of $628.5 million for 1QFY2026 ended March 31, up 1.9% y-o-y. On a constant currency basis, Venture’s revenue would have increased 8.2% y-o-y.
The higher revenue was supported by demand across technology domains that supports AI-related infrastructure, particularly in test & measurement instrumentation, networking & communications and semiconductor related equipment domains.
Net profit came in at $56.3 million for 1QFY2026, against $55.9 million a year ago. Earnings per share was up 0.9% y-o-y to 19.5 cents while net profit margin stood at 9.0%.
Venture says that through the focus on high value-add solutions, the company was able to maintain its profit margin despite cost pressure in an inflationary environment.
For Venture’s portfolio A, which comprises of life science, medtech and lifestyle consumer, revenue was down 12.4% y-o-y to $212 million, on back of volume decline in the lifestyle consumer domain.
Meanwhile, for Venture’s portfolio B, which comprises of networking & communications and semiconductor related equipment and more, saw a 11.2% y-o-y increase in revenue to $417 million.
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Venture’s working capital stood at $868.3 million as at March 31, compared to $830.8 million as at Dec 31, 2025. The higher working capital was attributable to higher inventory levels to support business growth and supply chain resilience.
Net cash position as at March 31 exceeds $1 billion even after the higher dividend payout and share buyback conducted back in 2025.
Looking ahead, Venture expects its R&D works in the consumer lifestyle sector will place its labs in a good position for future opportunities beyond product & system designs and development.
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“We continue to develop broader, deeper and more strategic partnerships and business collaborations with key customers and business partners,” the company concludes.
Shares of Venture Corporation closed 11 cents lower, or 0.66% down at $16.48 on May 5.
