UMS Q1 net profit up 44% on sustained demand for semiconductors
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Singapore
PRECISION-engineering firm UMS Holdings on Monday recorded a first-quarter rise in net profit of 44 per cent to S$15.4 million, in part due to the continued acceleration of demand for semiconductors worldwide.
The mainboard-listed company also announced an interim dividend of one Singapore cent per share for the quarter ended March 31, to be paid on July 27.
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