UMS Integration posts S$21.1 million quarterly profit as sales rise

UMS Integration reported S$21.1 million in net profit for the quarter ended 30 September, twice its year-earlier result, as revenue rose 61 per cent to S$95.4 million. Announcing the figures on 10 November, the Singapore-listed group said quarterly sales were its highest in three financial years.

The company attributed the improvement to its semiconductor and aerospace businesses, citing AI-related chip demand and growth in aviation. Semiconductor revenue increased 65 per cent, while aerospace revenue gained 55 per cent.

Within semiconductors, integrated system sales rose 32 per cent to S$27.3 million, and components sales climbed 87 per cent to S$55.8 million. UMS said every key market delivered double-digit growth. Sales in Malaysia increased 209 per cent as production expanded for a new major customer.

Higher revenue outweighed rising costs. Raw material and subcontractor charges increased 5 per cent to S$47.7 million, while employee benefits expenses grew 51 per cent to S$11.9 million. Earnings per share reached S$0.0237, compared with S$0.0118 a year earlier.

Chief executive Andy Luong said sales of S$251.9 million for the first nine months of FY2026 had surpassed FY2025’s full-year S$251.1 million. Net attributable profit for the nine months was S$54.5 million, which he said was 31 per cent above the S$41.6 million recorded for the whole of FY2025.

UMS said it expected favourable near-term conditions, citing continuing aviation growth and semiconductor manufacturers increasing production to meet AI demand. Before the results announcement, its shares closed at S$1.75, up 3.6 per cent, or S$0.06.