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UMS reports 593% rise in 4Q earnings, doubles dividend from FY2020

Lim Hui Jie
Lim Hui Jie2/28/2022 06:52 PM GMT+08  • 4 min read
UMS reports 593% rise in 4Q earnings, doubles dividend from FY2020
The company will double its dividend from 1 to 2 cents a share for FY2021.
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Semiconductor equipment manufacturing firm UMS Holdings has reported a staggering 593% surge in earnings for its 4QFY2021 ended December 2021.

Its 4QFY2021 came in at $7.2 million, compared to $1.04 million in the same period a year ago. 4QFY2021 revenue came in at $87.2 million, a 98% jump compared to $44.1 million in 4QFY2020.

Full year earnings stood at $57.5 million, a 59% increase, while revenue came in at $271.2 million, a 65% rise compared to the $164.4 million in FY2020.

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