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UMS Q2 net profit up 43%, proposes one Singapore cent interim dividend

Claudia Chong
Published Thu, Aug 13, 2020 · 09:50 PM

Singapore

A BOOST in semiconductor sales lifted precision engineering firm UMS Holdings' net profit by 43 per cent to S$11.6 million for the second quarter ended June 30, 2020.

Revenue was up 35 per cent to S$40.3 million on the back of a 41 per cent increase in revenue from the semiconductor segment.

The higher semiconductor revenue was driven by higher integrated system sales, which rose 6…

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