He notes that in the 4QFY2025, the group will begin production of a newly-secured product from industry giant Applied Materials (AMAT).
Jarick Seet of Maybank Securities (Maybank) is keeping his “buy” call and target price of $1.59 unchanged on UMS Integration (UMS) following its 2QFY2025 ended June results.
In the period, UMS’ revenue growth of 20% y-o-y and profit after tax and minority interests (patmi) increase of 10% y-o-y to $67.3 million and $10.3 million respectively were in-line with consensus and Seet’s estimates.
