UMS's stock price soared 5.07% during intraday trading on Friday, driven by the release of its positive financial results for FY2025 and significant business developments.
The company reported revenue growth of 4% to SGD 251.1 million and a 7% increase in net profit before tax to SGD 50.3 million. Gross material margin improved to 54% from 51%, while earnings per share stood at 5.85 cents. Notably, UMS announced the renewal of its Integrated System contract with an existing key customer for another three years, providing revenue visibility.
Further bolstering investor confidence were details of over SGD 155 million invested in manufacturing capacity expansion over the past four years and ongoing New Product Introduction (NPI) work from a new key customer. The board also proposed a final dividend of 2 cents per share and expressed confidence that the group will remain profitable in FY2026.