Grand Venture Technology's (SGX:JLB) net profit in the first quarter jumped 28% to SG$2.6 million from SG$2.0 million a year earlier, according to a Tuesday filing with the Singapore Exchange.
Revenue surged 45% year over year to SG$44.6 million from SG$30.8 million, mainly due to strong performances across all key segment.
Shares of the company gained over 1% in recent trade.