SGX:V03

Macquarie Upgrades Venture to Neutral from Underperform; Price Target is SG$15

Venture (SGX:V03) has an average rating of buy and mean price target of SG$20.72, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

Venture Corp. Q2 Net Profit Up 10%

Venture Corp.'s (SGX:V03) net profit attributable to owners rose 10% during the second quarter of the year to SG$63 million from SG$57.1 million a year earlier, according to a Thursday filing with the Singapore Exchange.Earnings per share came in at SG$0.218 compared with SG$0.198 in the year-ago period.Revenue zoomed 13% year over year to SG$726.2 million from SG$645 million.The provider of technology services declared an interim dividend of SG$0.003 per share, up from SG$0.0025 in the prior period. The company also declared a special dividend of SG$0.005 per share.The dividends will be paid on Sept. 11.

Venture Corp. Issues Shares Under Executives' Share Option Scheme

Venture Corp. (SGX:V03) issued and allotted 4,400 share awards at SG$17.59 apiece under its 2015 Executives' Share Option Scheme, according to a filing with the Singapore Exchange on Monday.The shares were listed and quoted on the Singapore bourse on Monday.

DBS Bank Upgrades Venture to Buy from Hold; Price Target is SG$21.80

Venture (SGX:V03) has an average rating of overweight and mean price target of SG$18.33, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

Venture Corp. Q1 Net Profit Crosses SG$56 Million on Tech Demand Surge

Venture Corp.'s (SGX:V03) net profit margin climbed 9% during the first quarter of the year, with the provider of technology services reporting a net profit of SG$56.3 million during the period, according to a Tuesday filing with the Singapore Exchange.Earnings per share rose by 0.9% on year during the first quarter to SG$0.195 compared with a year earlier.Revenue rose 1.9% year over year to SG$628.5 million, backed by strong demand across the technology segment.

CGS International Adjusts Venture Corporation's Price Target to SG$21.78 from SG$17.04, Keeps at Buy