UMS Holdings

[CityFarmer]

well, cost management is always the lowest hanging fruit to increase profitability. beyond a certain point, it cannot be done.

There are truth, but not entirely for the statement. We need to differentiate the "quality" of the "cost management". There are external-driven i.e. lower material cost, and internal-driven i.e. innovative process-optimization. There are shorter-term i.e. retrenchment due to lower sales and longer-term one i.e. relocating to lower cost location.

Most of UMS cost reduction exercises, are belong to a good quality groups, IMO

(vested)