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Venture Corporation Limited experienced a year-on-year revenue decline, mainly due to lower customer demand in the Lifestyle technology domain. Despite this, the Group's second quarter showed sequential improvement, with revenue growth across most technology domains. Venture maintained a healthy net profit margin and a robust balance sheet, boasting a strong net cash position.
• Discover how R&D efforts improved product longevity, influencing sales volumes in certain areas
By Investor.ExchangeVenture Corporation Limited experienced a year-on-year revenue decline, mainly due to lower customer demand in the Lifestyle technology domain. Despite this, the Group's second quarter showed sequential improvement, with revenue growth across most technology domains. Venture maintained a healthy net profit margin and a robust balance sheet, boasting a strong net cash position.
• Discover how R&D efforts improved product longevity, influencing sales volumes in certain areas