Ums- Net ROFIT LEAPS 43% TO S$14 MILLION ON A 20% RISE IN REVENUE OF S$69.4 MILLION. Interim dividend of 1 cents. I think good sets of financial numbers! Will the price react positively tomorrow! Pls dyodd.
The Group’s bottom line surged in the first quarter of 2026 despite a dip in its
gross material margin from 56% in 1QFY2025 to 53% in 1QFY2026, caused
mainly by the lower USD/SGD exchange rate during the period under review.
The Group's net attributable profit leapt 43% to S$14.0 million from S$9.8
million in 1QFY2025. Net profit also climbed 40% to S$14.2 million from S$10.1
million while pre-tax profit advanced 38% to S$15.7 million from S$11.4 million
during the same period.
Higher sales and a foreign exchange gain of S$1.5 million (vs a loss of over
S$1.05 million in 1QFY2025) helped lift the Group’s profitability in the first
quarter of the year. The foreign exchange gain was partially offset by lower
gains on disposal of fixed assets of S$0.6 million. The Group reversed a charge
of S$0.4 million to a gain of S$1.7 million in the current quarter.
The Group took steps to control overall expenses. While personnel costs and
depreciation increased, the Group’s other expenses edged up just 3% in the
first quarter of the year. Except for professional fees, freight charges and
insurance, all other costs stayed flat or declined.
Compared to 1QFY2025, personnel costs rose 6% mainly due to higher bonus
provisions. Depreciation expenses rose 17% as the Group added more
production equipment.
Healthy Cashflow
The Group's financial position remains healthy with net cash of S$26.0 million
as at the end of March 2026.

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