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