Continue reading this on our app for a better experience

Open in App
Floating Button
Home Capital Results

UMS Holdings' 2QFY2021 earnings up 46% y-o-y to $16.9 mil

The Edge Singapore
The Edge Singapore • 1 min read
UMS Holdings' 2QFY2021 earnings up 46% y-o-y to $16.9 mil
The bonus issue is the third since 2014
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

UMS Holdings has reported 2QFY2021 earnings of $16.9 million, up 46% y-o-y. Revenue in the same period hit $66.8 million, up 66% y-o-y, thanks to sustained growth in the semiconductors industry, which the company services.

On top of an interim dividend of one cent, UMS plans to issue one bonus share for each four existing shares – its third bonus share issue since June 2014.

UMS chairman and CEO Andy Luong notes that the company is enjoying a ride on the boom in semiconductors industry.

According to SEMI, global sales of semiconductor manufacturing equipment are forecasted to surpass US$100 billion next year, a new high, after jumping 34% to US$95.3 billion in 2021.

UMS shares closed Aug 13 at $1.75, down 0.57% for the day and up 52.17% year to date.

Highlights

Re test Testing QA Spotlight
1000th issue

Re test Testing QA Spotlight

Get the latest news updates in your mailbox
Never miss out on important financial news and get daily updates today
×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2024 The Edge Publishing Pte Ltd. All rights reserved.