0138 GMT - UMS Integration's EPS growth next year is likely underpinned by multiple drivers, such as a diversified manufacturing base and expanding new-product portfolio, says DBS Group Research's Lee Keng Ling in a note. The semiconductor segment's outlook seems upbeat thanks to the AI-driven semiconductor investment cycle, supporting UMS's revenue visibility. The Singapore manufacturing company's aerospace segment could also benefit from robust Asia-Pacific passenger traffic, she adds. Still, tariff tensions and foreign-exchange volatility remain potential headwinds. She trims her 2025-2026 earnings estimates by 7% each, given slower order momentum from key customers. DBS slightly lifts its target price to S$1.85 from S$1.84 while maintaining a buy rating. Shares are flat at S$1.52. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
November 10, 2025 20:38 ET (01:38 GMT)
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