SINGAPORE: Contract manufacturer Venture Corp notched up a 5.8 per cent rise in first quarter net profit to $32.6 million.
Revenue for the three months to March 31 was up 3 per cent at $608.7 million.
The group recorded a pretax profit of $38.4 million, up 13.6 per cent.
Based on tax incentives granted to the group, income tax expense for the reported quarter rose to $5.7 million from $3 million, due to changes in sales mix of tax approved products.
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