AEM
AEM posts S$4 million 9M net profit, reversing year-ago loss, with ‘AI era’ new solutions
Revenue rose 16 per cent to S$287.5 million, driven by high-volume manufacturing at a major customer
AEM denies allegations of patent infringement from US semiconductor firm; shares close 8.8% lower
Separately, DBS Group Research has raised its target price for AEM, citing its tech edge and the semiconductor sector’s growth trajectory as long-term tailwinds
AEM soars 17.8% on the back of Nvidia’s US$5 billion Intel investment
Intel has been a long-time AEM customer
AEM net profit more than doubles to S$3.1 million
The stronger bottom line reflects the absence of one-off losses that were recorded the year before
AEM slumps 4.7% after its CEO resigns
As at 9.25 am, the counter fell to S$1.64, 4.7% below Friday’s closing price
AEM CEO Amy Leong resigns a year after appointment; Samer Kabbani takes over with immediate effect
Group cites ‘board-led leadership realignment for growth’; Leong to stay on as adviser
AEM raises H1 FY2025 revenue guidance to up to S$195 million on pull-in of customer orders
It will provide guidance for the second half of the year when it reports its earnings on Aug 13
AEM’s Q1 earnings rise 42.9% to S$3.3 million
The company lowers its debt-to-equity ratio to 0.1 times over the period due to the repayment of debt
AEM appoints Kwek You-Cheer as new CFO
He has more than 20 years of experience in strategic financial leadership and operations internationally
Hot stocks: Semiconductor plays stumble amid rising short interest
A S&P report noted that Frencken, UMS and AEM were among the top five most shorted stocks on the Singapore bourse
