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UMS Holdings' 4Q17 earnings treble to $15.8 mil on higher revenue & one-off gain

Michelle Zhu
Michelle Zhu • 2 min read
UMS Holdings' 4Q17 earnings treble to $15.8 mil on higher revenue & one-off gain
SINGAPORE (Feb 27): Precision engineering group UMS Holdings saw a near trebling of its 4Q17 earnings to $15.8 million from $6 million a year ago on higher revenue and a one-off gain.
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SINGAPORE (Feb 27): Precision engineering group UMS Holdings saw a near trebling of its 4Q17 earnings to $15.8 million from $6 million a year ago on higher revenue and a one-off gain.

Revenue for 4Q grew 13% to $38.7 million from $34.2 million due to higher sales from the semiconductor segment, driven by a higher proportion of contributions from component sales which grew to $19.3 million from $13.9 million 4Q16.

Singapore remained the major contributor, accounting for more than 60% of the group’s total sales in the latest quarter.

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