Revenue for the six months ended June, rose 92% to $84.5 million from $44 million. Sales in Singapore leapt by 149% compared to 1H16 mainly due to strong demand for semiconductor integrated system sales. Sales in US also jumped 67%, driven by higher component sales for new system built.
SINGAPORE (Aug 11): UMS Holdings, the provider of equipment manufacturing and engineering services in the semiconductor industry, reported 1H17 earnings more than doubled to $22.7 million from $9.8 million a year ago on robust growth of the group's semiconductor business.
The group is proposing a special bonus issue of up to 107.3 million new shares of the company on the basis of one bonus share for every four shares held by shareholders as well as a one cent tax-exempt interim dividend.
