[SINGAPORE] Semiconductor player UMS Integration on Friday (May 9) reported profit of S$9.8 million for the first quarter ended Mar 31, 2025, almost unchanged from the group’s profit in the corresponding year-ago period.
This translates to earnings per share of S$0.0138, down from S$0.0141 a year earlier.
The group declared an interim dividend of S$0.01 per share for the period under review, lower than the S$0.012 in Q1 FY2024.
Revenue for the period climbed 7 per cent year on year to S$57.7 million, from S$54 million.
The higher revenue was driven by better performances from both the group’s semiconductor and aerospace businesses, which grew 6 per cent and 22 per cent, respectively.
However, this was offset by a 12 per cent decline in its others segment, as its tooling and material distribution business was affected by the prevailing soft market conditions.
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UMS chair and chief executive Andy Luong said the group’s sales in Malaysia “almost tripled on the back of strong orders from its new key customer”.
The Malaysian market delivered a 287 per cent sales surge to S$9.4 million in Q1 FY2025, from S$2.4 million in FY2024, as the group continued to ramp up production of semiconductor components for a new major customer.
“We are especially encouraged by the strong order flow from our new key customer as it seeks to divert its US supply source to Asia,” said Luong.
Shares of UMS ended unchanged at S$1.05 on Friday.
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