Grand Venture Technology Ltd. Reports Strong Q1 Performance
[SINGAPORE] Grand Venture Technology (GVT), a precision machining and sheet metal component manufacturer, has reported a robust first-quarter performance for the period ending March 31, 2025. The company announced a net profit after tax of S$2.6 million, marking a 27.7% increase from S$2 million in the same quarter of the previous year. This growth is attributed to a 44.8% rise in revenue, reaching S$44.6 million from S$30.8 million a year ago.
Earnings before interest, tax, depreciation, and amortisation (Ebitda) also saw a significant increase of 29%, climbing to S$8.4 million from S$6.5 million. The company attributes these improvements to “wallet share expansion” with key customers, indicating a stronger customer loyalty and increased spending on GVT’s offerings.
The semiconductor segment of GVT’s business experienced particularly strong growth, with revenue rising 57.3% to S$25.6 million, up from S$15.7 million in the previous year. This surge is driven by heightened demand for AI-related technologies, which are pushing the need for more powerful and efficient chips.
GVT Shares Surge Amid Potential Transaction
In related news, GVT shares experienced a notable increase on June 2, 2025, trading at S$0.94, an 11.9% rise from the previous closing price of S$0.84. This surge followed the company’s announcement to pause its proposed secondary listing on the Bursa Malaysia Securities Berhad. The pause is due to ongoing confidential discussions with a third party regarding a potential transaction that could lead to an offer for GVT’s shares.
While the discussions are still in progress, there is no certainty that they will result in a transaction. Nonetheless, the potential for a significant corporate development has positively impacted investor sentiment, contributing to the rise in share price.
Market Context and Outlook
The broader semiconductor industry is experiencing growth driven by the increasing demand for artificial intelligence (AI) technologies. Global semiconductor manufacturing equipment sales are projected to reach a record US$121 billion in 2025, fueled by the need for more advanced AI chips and low-power semiconductors for IoT and edge computing devices.
Despite geopolitical tensions, the long-term outlook for semiconductor equipment demand remains positive, with AI-related technologies expected to be a key driver. Grand Venture Technology’s strong performance in the first quarter aligns with these industry trends, positioning the company well to capitalize on the growing demand for precision machining and sheet metal components in the AI and semiconductor sectors.
For more information, visit GVT’s website .