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The latest announcement is out from Grand Venture Technology Limited ( (SG:JLB) ).
Grand Venture Technology Limited has announced that its exposure to recent US tariff measures is limited, as less than 10% of its FY2024 revenue came from US exports. The company plans to redirect US-bound shipments to Asia, mitigating potential disruptions. With a strong presence in Asia and Europe, GVT reaffirms its revenue guidance for 1H2025, projecting significant growth. This strategic positioning helps the company maintain stability and growth despite global trade challenges.
More about Grand Venture Technology Limited
Grand Venture Technology Limited is a regional precision manufacturing solutions provider, focusing on components and modules for the semiconductor, life sciences, and aerospace industries. The company is listed on the Mainboard and has a geographically diversified market, with a significant focus on Asia and Europe.
YTD Price Performance: -18.79%
Average Trading Volume: 491,060
Technical Sentiment Signal: Buy
Current Market Cap: S$205.3M
Find detailed analytics on JLB stock on TipRanks’ Stock Analysis page.