UMS Holdings proposes 1-cent interim DPS for shareholders amidst soaring net profit

Uploaded By:  Paul Howell Submitted By:  Paul Howell Case Study:  No The group saw an increase of 44% in its earnings for Q1, 2021. Equipment manufacturing and engineering services company UMS Holdings Limited, which reported another strong start to the year hitting record quarterly sales, has proposed a 1.0 cent tax-exempted interim dividend per share to reward shareholders. Revenue for Q1 2020 rose 42% to $49.6m from $34.9m a year earlier, while the Group’s net profit attributable to shareholders shot up by 44% to $15.4m. read more