SEE:UMS Holdings reports 86% plunge in 4Q20 earnings of $1.3 mil despite record revenue for FY20
Ho points out that AMAT continues to see strong order demand for its semiconductor segment, which is up 50% y-o-y as of February, the midpoint of its 2QFY2021 ending October 2021, due to acceleration of the economy’s digital transformation.
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“Additionally, the 16.4% discount to peer average is unwarranted, given the superior net margins UMS has achieved consistently,” he adds. As at 10.49am, shares in UMS are trading flat at $1.26.