- UMS reported a 16.1% q-o-q improvement in 3Q24 revenue to S$64.9m, although still down 8.9% y-o-y. Net earnings grew 11.5% q-o-q but plunged 32.3% y-o-y to S$10.4m.
3Q24 results inline.
- - Read this at SGinvestors.io -
- the Aerospace segment continued its positive trajectory, with revenue rising 44% y-o-y, driven by the ongoing recovery in the aerospace industry. 3Q24 and 9-month revenue and net earnings account for 26% of our forecasts, inline but below consensus estimates.
Semiconductor outlook improving.
- Read more at SGinvestors.io.
