"Despite tariff threats, intensifying geopolitical tensions and market uncertainties, the group delivered a better performance in FY2025 - growing its topline and bottomline and generating both positive operating cashflow and free cashflow," says CEO Andy Luong.
"This is another clear demonstration of our resilience and foresight in anticipating global trends that will continue to lift us to greater heights over the long term," he adds.
In the last four years, the company had spent $155 million to expand its manufacturing capabilities to get ready for the expected production ramp up for its key customers.
Luong says that both of his key customers are expecting "robust" demand growth for this year and next.
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"With the acceleration of AI applications, they are ramping execution velocity to drive multi-year outperformance targets going forward," he says.
UMS says the industry is shifting away from the traditional consumer-driven cycles, toward a new so-called "giga cycle" where major tech companies are investing heavily.
In addition, UMS, which is plugged into the aviation industry via its separately listed subsidiary JEP, is expecting a global boom in air travel too.
"These record-breaking trends are welcome news for the group," says Luong.
