UMS Integration - UOB Kay Hian 2025-08-14: Strong Core Earnings Growth In 2Q25 With Positive Outlook; Exploring Bonus Issue

UMS Integration: Strong Core Earnings Growth In 2Q25 With Positive Outlook; Exploring Bonus Issue

Published:
UMS (SGX:558) | SGinvestors.io
  • UMS expects to benefit from the AI-driven global chip sector rebound and rising shift of global semiconductor supply chains.
  • UMS has won a new project with its first key customer and is exploring a bonus issue to reward shareholders and improve liquidity.

2Q25 earnings in line with expectations.

  • - Read this at SGinvestors.io -
  • UMS improved its bottom line despite incurring higher expenses and a foreign exchange loss of more than S$2.8m (vs a gain of S$0.1m in 2Q24). Excluding forex, core earnings grew 45% y-o-y. UMS’ gross margin rose to 54.2% from 53.6% in 2Q25 due to the change in product mix.

2Q25 revenue grew 20% y-o-y due to stronger semiconductor segment.

  • - Read this at SGinvestors.io -
  • Geographically, all of UMS' key markets except the US posted higher revenue in 2Q25. Revenue in Malaysia surged 270% in 2Q25 from the stronger order flow from the new major customer while Singapore's sales climbed 15% on the back of higher overall semiconductor sales.

UMS expects brighter prospects.

  • Read more at SGinvestors.io.



Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.



John Cheong UOB Kay Hian Research | https://research.uobkayhian.com/ 2025-08-14



Previous report by UOB:
2025-07-16 UMS Integration - Expect Good Results & Multiple Re-rating; Raise Target Price By 31% To S$1.73.

Price targets by other brokers at UMS Target Prices.

Listing of research reports at UMS Analyst Reports.

Relevant links:
UMS Share Price History,
UMS Announcements,
UMS Dividend Payout Dates & Corporate Actions,
UMS News






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