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UMS Holdings reports a 27% decrease in earnings y-o-y of $29 mil from weak performance in semiconductor segment

Nicole Lim
Nicole Lim • 2 min read
UMS Holdings reports a 27% decrease in earnings y-o-y of $29 mil from weak performance in semiconductor segment
This brings its earnings per share (EPS) to 4.32 cents in 1HFY2023 compared to 5.9 cents in 1HFY2022. Photo: Unsplash
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UMS Holdings Limited (UMS) has reported lower earnings of $29.0 million for the 1HFY2023 ended June, a 27% decrease from the same period last year.

This brings its earnings per share (EPS) to 4.32 cents in 1HFY2023 compared to 5.9 cents in 1HFY2022.

The group also recorded a lower revenue of $155.1 million, a 29% decrease y-o-y, as sales softened 9% compared to the same period last year.

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