AEM expects strong earnings despite Covid-19 disruptions
AEM chairman Loke Wai San attributes the positive position for 2020 to continuous growth since 2017.
WHILE the Covid-19 pandemic has shuttered the doors of many businesses, AEM Holdings is bucking the trend with a positive outlook.
The firm had said it is "cautiously confident" that its sales for the first half of 2020 will be at an all-time high, and is not backing down from its full-year sales guidance of S$360 million to S$380 million for FY2020 ended Dec 31.
Securing sustainable sales growth from its key customer with its new handling platform has been a key driver of the advanced chip-testing solutions provider's robust earnings over the years.
AEM said that as at Feb 25, it had…
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