UMS Holdings has reported earnings of $15.1 million for 3QFY2021, up 17% y-o-y. Revenue in the same period was up 50% to $67.6 million.

For the nine months, earnings shot up by 43% y-o-y to $50.4 million to a record while revenue was up 53% y-o-y to $184 million. 

The company attributes the record numbers to sustained strong growth in the global semiconductor industry and also from the consolidation of JEP Holdings, a separately listed firm which UMS controls.


To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook