Andy Luong, the company's chairman and CEO calls the FY2023 results a "good" one following an exceptional FY2022.
UMS Holdings has reported earnings of $68.5 million for FY2023, down 34%, no thanks to higher costs and lower revenue. Revenue in the same period was down 19% to $299.9 million, as it was weighed down by the overall down cycle of the semiconductor industry.
The company plans to pay a final dividend of 2.2 cents.

