UMS Holdings Second Quarter 2024 Earnings: EPS: S$0.013 (vs S$0.017 in 2Q 2023)

UMS Holdings (SGX:558) Second Quarter 2024 Results

Key Financial Results

• Revenue: S$56.0m (down 25% from 2Q 2023).
• Net income: S$9.32m (down 20% from 2Q 2023).
• Profit margin: 17% (up from 16% in 2Q 2023). The increase in margin was driven by lower expenses.
• EPS: S$0.013 (down from S$0.017 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

UMS Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Semiconductor industry in Asia.

Performance of the market in Singapore.

The company's shares are up 5.9% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with UMS Holdings, and understanding these should be part of your investment process.

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