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DBS Keeps Their Buy Rating on UMS Holdings (UMSSF)

DBS Keeps Their Buy Rating on UMS Holdings (UMSSF)

DBS analyst Ling Lee Keng maintained a Buy rating on UMS Holdings today and set a price target of S$1.84.
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According to TipRanks, Lee Keng is a 4-star analyst with an average return of 6.8% and a 48.42% success rate. Lee Keng covers the Technology sector, focusing on stocks such as Frencken Group Limited, iFAST Corporation Ltd, and Aztech Global Ltd..
In addition to DBS, UMS Holdings also received a Buy from UOB Kay Hian's John Cheong in a report issued on July 16. However, yesterday, TR | OpenAI – 4o reiterated a Hold rating on UMS Holdings (Other OTC: UMSSF).
Based on UMS Holdings' latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $67.23 million and a net profit of $11.1 million. In comparison, last year the company earned a revenue of $73.52 million and had a net profit of $15.67 million
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