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AEM: Reports Revenue Of S$80.2 Million & Profit Before Tax Of S$15.9 Million For 1Q2021.

04 May 2021 10:02

Group's 1Q2021 revenue at S$80.2 million is second highest 1Q after record breaking 1Q2020. Next generation handlers on track to start high volume ramp at customer sites in late 3Q 2021 and into FY2022. Technology acquisitions and in-house R&D bearing results with engineering engagements with 10 out of the top 20 semiconductor companies for potential volume ramp in FY2022 / 2023. CEI Limited became a subsidiary of the Group with effect 19 March 2021. Entered the memory IC test market with ATECO investment. The Group's revenue guidance for FY2021 to be between S$460 million to S$520 million with heavier weighting in 2H2021. M&A program continues with tight integration focus...

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Source: ShareInvestor Express