Revenue for 1QFY2023 remained relatively stable, easing 5% to $80.8 million compared to $84.7 million in 1QFY2022.
Despite a challenging global economy and a slowing semiconductor industry, UMS Holdings (SGX:558) has reported earnings of $17.4 million for its 1QFY2023 ended March 31, a 10% decrease in earnings compared to the corresponding period last year.
Earnings per share also slipped to 2.59 cents for the period, down from 2.91 cents in 1QFY2022.

