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AEM is latest tech play to miss analysts' earnings expectations
Group posts year-on-year decline in Q1 earnings, with net profit down 63.1 per cent and revenue down 45.4 per cent
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Published Tue, May 4, 2021 · 09:50 PM
Singapore
AEM Holdings is the latest technology-related stock to disappoint analysts this earnings season, as the sector deals with a global chip shortage.
Lim & Tan Securities on Tuesday recommended investors "take profit" on the provider of services and machinery to the semiconductor sector, after the group posted a year-on-year decline in its first-quarter earnings.
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