Geographically, Singapore continues to account for the bulk or 75% of the group’s revenue base, contributing $31.2 million in the quarter.
UMS says the successful renewal of the group’s contract with its key customer by three years from Jan 2017, with the option for a further three years into 2023 will boost revenue base and earnings visibility.
Andy Luong, Chief Executive Officer of UMS Holdings, said: “The outlook continues to be positive for the global semiconductor sector which has enabled the group to accelerate its growth trajectory in both revenue and profit.”
The group is proposing a 1 cent tax-exempt interim dividend.
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Shares of UMS closed at 87 cents on Friday.
