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UMS Holdings ( (SG:558) ) has shared an update.
UMS Holdings reported a 7% increase in revenue to S$57.65 million for the first quarter ending March 31, 2025, compared to the same period last year. Despite a slight decrease in profit before income tax by 2% to S$11.42 million, the net profit from continuing operations rose by 1% to S$10.15 million. The company experienced significant changes in inventories and raw material costs, with a notable 637% increase in inventories and a 25% rise in raw material purchases. The announcement reflects stable financial performance with slight growth, indicating resilience amidst fluctuating expenses.
More about UMS Holdings
UMS Holdings operates in the manufacturing sector, focusing on precision engineering and manufacturing services. The company provides high-quality components and integrated systems to various industries, including semiconductor, aerospace, and oil and gas.
YTD Price Performance: 3.96%
Average Trading Volume: 2,786,234
Technical Sentiment Signal: Hold
Current Market Cap: S$784.5M
For an in-depth examination of 558 stock, go to TipRanks’ Stock Analysis page.