Venture Corporation Ltd is an electronics manufacturing services provider. It has its fingers in a range of activities, such as printing & imaging; networking & communications; retail store solutions, and more.
Earlier this month, the company reported its 2017 second quarter earnings. There are some good aspects of the company’s business from the latest announcement that investors may want to know about:
1. Strong growth seen
Venture delivered strong growth during the reporting quarter, both in terms of revenue and profit. See below:
2. Margin expansion exprerienced
Cost management is an important aspect of a company’s business performance. An effective cost management system allows a company to become more efficient over time, resulting in higher margins and profitability.
3. A robust balance sheet
As of 30 June 2017, Venture has S$441.7 million in cash and bank balances, and S$75.2 million bank loans. This puts the company in a net cash position, one that is relatively rare in the investment world, and that’s a strong balance sheet.
If you like what you've seen, you can get even more investing insights and analyses from The Motley Fool's investing newsletter Its Free register here
Source: https://www.fool.sg/2017/08/23/venture-corporation-ltd-3-positive-things-investors-should-know-from-its-latest-earnings/
No comments:
Post a Comment