AEM expects strong earnings despite Covid-19 disruptions

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.