in late-2020 and has seen trading value hitting S$1.1 billion in 2021, thus contributing an additional stream of fee income for the group.Venture Corporation is a provider of technology products, services and solutions to customers in a diverse range of sectors such as life sciences, genomics, and consumer lifestyle.
The group manages a portfolio of more than 5,000 products and solutions and employs over 12,000 people globally.Revenue jumped by 29.5% year on year to S$889.3 million while net profit climbed 28.6% year on year to S$84 million. Venture Corporation saw broad-based growth across most of its technology domains and enjoyed strong demand from customers in the advanced payment systems, lifestyle and wellness, and test and measurement technology sectors.The company’s research and development laboratories have come up with initiatives to mitigate supply chain disruptions caused by the Russia-Ukraine war.
The group intends to invest in new capabilities and engage more talent to accelerate its growth in the years ahead. Everyone’s talking about Fintech. But is it all hype? For the first time this year, we’ll be revealing the full story behind the trillion-dollar sector in our upcoming webinar “Picking Your Stocks In Fintech’s Trillion-Dollar Growth”. Discover the stocks we’re excited about, and the opportunities that are slipping past investors’ radars.