UMS

Re: UMS

Postby behappyalways » Tue Jan 16, 2018 8:12 pm

ums-holdings-acquires-748-stake-jep-holdings-57-mil
https://www.theedgesingapore.com/ums-ho ... ngs-57-mil
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39906
Joined: Wed Oct 15, 2008 4:43 pm

Re: UMS

Postby behappyalways » Thu Mar 08, 2018 8:01 pm

UMS Holdings' 4Q17 earnings treble to $15.8 mil on higher revenue & one-off gain
https://www.theedgesingapore.com/ums-ho ... e-one-gain
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39906
Joined: Wed Oct 15, 2008 4:43 pm

Re: UMS

Postby behappyalways » Fri Jun 15, 2018 12:26 pm

UMS Holdings posts 2% higher 1Q earnings of $11.4 mil on lower expenses
https://www.theedgesingapore.com/ums-ho ... r-expenses
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39906
Joined: Wed Oct 15, 2008 4:43 pm

Re: UMS

Postby behappyalways » Tue Feb 26, 2019 8:08 pm

UMS reports 17% drop in FY18 earnings of $43 mil on lower sales
https://www.theedgesingapore.com/ums-re ... ower-sales
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39906
Joined: Wed Oct 15, 2008 4:43 pm

Re: UMS

Postby behappyalways » Wed May 22, 2019 5:18 pm

UMS posts 38% drop in 1Q earnings to $7 mil on lower revenue
https://www.theedgesingapore.com/ums-po ... er-revenue
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39906
Joined: Wed Oct 15, 2008 4:43 pm

Re: UMS

Postby behappyalways » Tue Aug 20, 2019 4:15 pm

UMS reports 44% drop in 2Q earnings to $8.1 mil
https://www.theedgesingapore.com/capita ... ngs-81-mil
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39906
Joined: Wed Oct 15, 2008 4:43 pm

Re: UMS

Postby behappyalways » Tue Feb 25, 2020 4:13 pm

UMS posts 4% dip in 4Q earnings to $9.2 mil as lower margins offset surge in revenue
https://www.theedgesingapore.com/capita ... ge-revenue
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39906
Joined: Wed Oct 15, 2008 4:43 pm

Re: UMS

Postby behappyalways » Wed May 13, 2020 4:22 pm

UMS Holdings posts 53% increase in 1Q earnings to $10.7 mil on 'robust improvement in customer demand'
https://www.theedgesingapore.com/capita ... t-customer
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39906
Joined: Wed Oct 15, 2008 4:43 pm

Re: UMS

Postby winston » Thu May 14, 2020 7:49 pm

not vested

UMS Holdings posts 53% increase in 1Q earnings to $10.7 mil on 'robust improvement in customer demand'

by Uma Devi 12/05/2020

SINGAPORE (May 12): Mainboard-listed precision engineering group UMS Holdings booked earnings of $10.7 million for 1QFY2020 ended March, some 53% higher than earnings of $7.0 million the previous year.

This brings earnings per share (EPS) for the quarter to 2.0 cents from 1.3 cents last year.

The improved bottom line figures came on the back of a 22% increase in revenue to $34.9 million from $28.6 million in the corresponding period last year, due to increased contributions across both its business segments.

UMS’s semiconductor segment posted a 17% increase in revenue on the back of increased sales in its semiconductor integrated systems and component sales segments.

The group’s Other segment doubled to $3.2 million due to its subsidiary Starke Singapore’s material distribution business.

Compared to the previous year, the group says it saw a “robust improvement in customer demand” as all its key markets registered higher sales for the quarter. Notably, sales from Singapore and Malaysia rose 27% and 25% year-on-year.

Gross material margins inched up to 53.3% from 53.2% last year as higher margins from component sales were offset by lower margin material distribution sales.

UMS also bagged an 86% increase in share of profits from its associate, JEP Holdings, to $0.85 million, which had boosted the group’s bottom line figures.

As at end-March, cash and cash equivalents stood at $38.8 million.

On the back of improved performance, UMS is proposing a 1.0 cent tax-exempt interim dividend that is slated to be paid out on July 28. The dividend is also double that of the 0.5 cent dividend paid out last year.

UMS is also expecting to remain profitable in FY2020 barring any “unforeseen circumstances.”
Looking ahead, UMS is bracing itself for near-term challenges in the form of supply chain disruptions and manpower constraints due to the Covid-19 pandemic.

In light of the challenges, the group is looking to sharpen its production efficiencies and supply networks to cope with the impact, and remains bullish on the long-term outlook of the industry.

“The long-term outlook however remains positive due to the acceleration of 5G, artificial intelligence (AI) and other technology-driven developments such as Smart Cities and the increased demand for data,” says UMS CEO Andy Luong.

“Data centre and communications infrastructure sector will prove more resilient as both public and private sector organizations continue to drive strategic investments required to support increased remote working and online access which have accelerated in the light of the Covid-19 pandemic,” he adds.

Source: The Edge

https://www.theedgesingapore.com/capita ... paign=FREE
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118522
Joined: Wed May 07, 2008 9:28 am

Re: UMS

Postby behappyalways » Wed Mar 03, 2021 3:11 pm

UMS Holdings reports 86% plunge in 4Q20 earnings of $1.3 mil despite record revenue for FY20
https://www.theedgesingapore.com/capita ... venue-fy20
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39906
Joined: Wed Oct 15, 2008 4:43 pm

PreviousNext

Return to U to Z

Who is online

Users browsing this forum: No registered users and 8 guests