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UMS Holdings' 2QFY2021 earnings up 46% y-o-y to $16.9 mil

The Edge Singapore
The Edge Singapore8/13/2021 6:25 PM GMT+08  • 1 min read
UMS Holdings' 2QFY2021 earnings up 46% y-o-y to $16.9 mil
The bonus issue is the third since 2014
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UMS Holdings has reported 2QFY2021 earnings of $16.9 million, up 46% y-o-y. Revenue in the same period hit $66.8 million, up 66% y-o-y, thanks to sustained growth in the semiconductors industry, which the company services.

On top of an interim dividend of one cent, UMS plans to issue one bonus share for each four existing shares – its third bonus share issue since June 2014.

UMS chairman and CEO Andy Luong notes that the company is enjoying a ride on the boom in semiconductors industry.

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