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UMS reports 3QFY2021 earnings of $15.1 mil, up 17% y-o-y, plans to double capex

The Edge Singapore
The Edge Singapore • 2 min read
UMS reports 3QFY2021 earnings of $15.1 mil, up 17% y-o-y, plans to double capex
UMS plans to pay an interim dividend of one cent per share, double that paid this time last year.
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UMS Holdings has reported earnings of $15.1 million for 3QFY2021, up 17% y-o-y. Revenue in the same period was up 50% to $67.6 million.

For the nine months, earnings shot up by 43% y-o-y to $50.4 million to a record while revenue was up 53% y-o-y to $184 million.

The company attributes the record numbers to sustained strong growth in the global semiconductor industry and also from the consolidation of JEP Holdings, a separately listed firm which UMS controls.

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