Venture Group posts 1Q 2026 revenue of 628.5 million Singapore dollars, up 1.9% year on year

SGX Filings05-05

Venture Group announced its unaudited results for the first quarter ended Mar, 31 2026. Revenue rose 1.9% year on year to 628.5 million Singapore dollars; on a constant-currency basis, revenue would have increased 8.2%.

Net profit came in at 56.3 million Singapore dollars, translating to earnings per share of 19.5 Singapore cents, up 0.9% from a year earlier. The group maintained a net profit margin of 9.0% despite cost pressures.

By portfolio, revenue in Portfolio B—which includes Test & Measurement Instrumentation, Networking & Communications, Advanced Payment Systems, Advanced Industrial, Semiconductor Related Equipment and others—grew by 42 million Singapore dollars, offsetting a 30 million Singapore-dollar decline in Portfolio A, which comprises Life Science, Medtech and Lifestyle Consumer activities. As a result, total group revenue increased 1.9% year on year.

Working capital stood at 868.3 million Singapore dollars as at Mar, 31 2026, up from 830.8 million Singapore dollars at Dec, 31 2025, mainly due to a 58.6 million Singapore-dollar increase in inventory. Net cash remained above 1 billion Singapore dollars after dividend payments and share buybacks. Net trade payables and receivables improved by 21.1 million Singapore dollars compared with end-December 2025.

Looking ahead, the company expects continued growth in 2026, supported by demand for AI-related infrastructure, momentum in hyperscale data centres, and expanding collaborations in life science and consumer lifestyle technology. Venture Group also plans to maintain investments in operational excellence and strategic partnerships.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment