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.