Corporate digest

UMS Holdings

MAINBOARD-listed precision engineering firm UMS Holdings on Monday posted a 4 per cent dip in net profit for the fourth quarter to S$9.2 million from S$9.6 million a year ago. Q4 revenue soared 56 per cent to S$40.4 million. Earnings per share was 1.72 Singapore cent, down from 1.79 cent in Q4 2018.

For the full year, profits were down 22 per cent to S$33.6 million from S$43.1 million previously. Revenue crept up 3 per cent to S$131.9 million, and earnings per share was 6.26 cents, compared with 8.03 cents in FY2018.