UMS Holdings Full Year 2023 Earnings: Revenues Disappoint
UMS Holdings (SGX:558) Full Year 2023 Results
Key Financial Results
Revenue: S$299.9m (down 20% from FY 2022).
Net income: S$60.0m (down 39% from FY 2022).
Profit margin: 20% (down from 26% in FY 2022). The decrease in margin was driven by lower revenue.
EPS: S$0.089 (down from S$0.15 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
UMS Holdings Revenues Disappoint
Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) was mostly in line with analyst estimates.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in Asia.
Performance of the market in Singapore.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for UMS Holdings that you should be aware of.
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