Link: https://links.sgx.com/1.0.0/corporate-announcements/YHJ1H705L04PP1IU/cb5acad65daa6676d0b2290188bde77a1375b6d50a1fb00cd296958de85c66bb

Summary:

• Revenue rose 4.7% from 1Q 2025 to 2Q 2025, reaching S$645.3 million, with growth across most technology domains.

• Net profit for 2Q 2025 increased to S$57.1 million, up 2.3% quarter-on-quarter.

• For the first half of 2025, total revenue was S$1,261.9 million, and net profit was S$113.0 million.

• Year-on-year, 1H revenue and net profit decreased by 8.8% and 8.6%, mainly due to weaker demand in the Lifestyle technology domain.

• The company reported a strong net cash position of S$1.26 billion as of 30 June 2025, with zero debt.

• Interim dividend of 25 cents per share and special dividend of 5 cents per share, totaling 30 cents per share, will be paid on 12 September 2025.

• Operating cash flow for 1H 2025 was S$137.1 million before working capital changes, and net cash flow from operations was S$149.8 million.

• Gross margin improved year-on-year due to a favorable sales mix and fewer product replacements.

• Venture remains optimistic about business growth, noting momentum in business wins and continued investments in R&D and global operations.

• The company believes it is well-positioned for long-term value creation, supported by its strong balance sheet and resilience.