CGS-CIMB has turned cautious on Venture Corporation’s near-term earnings outlook as it foresees a decline in the third quarter (Q3) of FY2023 net profit, amid continued inventory depletion by the electronics manufacturer’s customers.
Brokers’ take: CGS-CIMB cuts Venture target on weaker earnings prospects
2023-10-12T05:09:12-04:00October 12th, 2023|
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