UMS Holdings Limited announced revenue results for the third quarter and nine months ended September 30, 2014. The company's revenue for the three months ended September 30, 2014 declined 2% to SGD 24.8 million from SGD 25.4 million a year ago as a result of lower Contract Equipment Manufacturing (CEM) sales. Profit before tax was SGD 5.8 million against SGD 5.5 million a year ago. Net profit was SGD 5.5 million against SGD 4.8 million a year ago.

In the nine months of 2014, UMS' revenue increased 2% to SGD 87.8 million from SGD 86.0 million in the nine months ended 30 September 2013. This was a result of an increase in semiconductor component sales, which was partially offset by lower semiconductor Integrated System sales. Profit before tax was SGD 23.7 million against SGD 19.9 million a year ago. Net profit was SGD 21.3 million against SGD 17.9 million a year ago.

The Group expects the performance in the fourth quarter of 2014 to be relatively flat sequentially.