AEM Holdings sees 1HFY2024 earnings slashed 96% y-o-y to $822,000

Douglas Toh08-14

AEM Holdings’ sees its 1HFY2024 ended June earnings slashed 96% y-o-y to $822,000.Semiconductor player AEM Holdings Awx’ 1HFY2024 ended June earnings plunged 96% y-o-y to $822,000 from the 1HFY2023’s ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

EV8
08-15
EV8
My goodness, how to plunged 96% within a year? [Facepalm] [Facepalm] [Facepalm] From $19.7 million to $882k? Not even a million [Spurting] [Spurting]

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2459432587?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-14 10:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2459432587","market":"us","top_or_hot":-1,"title":"AEM Holdings sees 1HFY2024 earnings slashed 96% y-o-y to $822,000","media":"Douglas Toh","content":"<div>\n<p>AEM Holdings’ sees its 1HFY2024 ended June earnings slashed 96% y-o-y to $822,000.Semiconductor player AEM Holdings Awx’ 1HFY2024 ended June earnings plunged 96% y-o-y to $822,000 from the 1HFY2023’s ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/brokers-calls/aem-holdings-sees-1hfy2024-earnings-slashed-96-y-o-y-822000?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AEM Holdings sees 1HFY2024 earnings slashed 96% y-o-y to $822,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAEM Holdings sees 1HFY2024 earnings slashed 96% y-o-y to $822,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-14 10:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/capital/brokers-calls/aem-holdings-sees-1hfy2024-earnings-slashed-96-y-o-y-822000?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Douglas Toh</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AEM Holdings’ sees its 1HFY2024 ended June earnings slashed 96% y-o-y to $822,000.Semiconductor player AEM Holdings Awx’ 1HFY2024 ended June earnings plunged 96% y-o-y to $822,000 from the 1HFY2023’s ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/brokers-calls/aem-holdings-sees-1hfy2024-earnings-slashed-96-y-o-y-822000?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AEM","symbol_name":"伊格尔矿业","start_time":0,"source_url":"https://www.theedgesingapore.com/capital/brokers-calls/aem-holdings-sees-1hfy2024-earnings-slashed-96-y-o-y-822000?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2459432587","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2459432587","pubTimestamp":1723601723,"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":" AEM Holdings’ sees its 1HFY2024 ended June earnings slashed 96% y-o-y to $822,000.","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"AEM":"伊格尔矿业","AWX.SI":"永科"},"translate_title":"AEM Holdings预计2024财年上半年盈利同比削减96%至822,000美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AEM":1,"AWX.SI":1},"content_text":"AEM Holdings’ sees its 1HFY2024 ended June earnings slashed 96% y-o-y to $822,000.Semiconductor player AEM Holdings Awx’ 1HFY2024 ended June earnings plunged 96% y-o-y to $822,000 from the 1HFY2023’s $19.7 million.\nEarnings per share (EPS) from the period was similarly slashed 95% y-o-y to 0.29 cents, from 1HFY2023’s 6.33 cents.\nMeanwhile, revenue in the 1HFY2024 dropped to $173.6 million from the previous $275.2 million, a 37% y-o-y decrease.\nGross profit from the period also fell 48% y-o-y to $43.4 million from 1HFY2023’s $83.0 million.\nNo dividend was declared for the period.\nThe group attributes its lower revenue primarily due to weaker demand from its key semiconductor customer, as well as the disposal of an associate, recorded under other expenses at $2.3 million.\nFor the 2HFY2024, AEM forecasts revenue to be in the range of $160 million to $180 million, while q-o-q revenue growth is anticipated in the 4QFY2024 thanks to business growth from its new customer.\nShares in AEM closed 4 cents lower or 2.67% down at $1.46 on Aug 14.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":338682977018248,"gmtCreate":1723690412932,"gmtModify":1723690418194,"author":{"id":"3576472032670521","authorId":"3576472032670521","name":"EV8","avatar":"https://community-static.tradeup.com/news/49db5086746d5ad4581b298b77a14995","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3576472032670521","authorIdStr":"3576472032670521"},"htmlText":"My goodness, how to plunged 96% within a year? [Facepalm]&nbsp; [Facepalm]&nbsp; [Facepalm]&nbsp;&nbsp; From $19.7 million to $882k? Not even a million&nbsp; [Spurting]&nbsp; [Spurting]&nbsp;&nbsp;","listText":"My goodness, how to plunged 96% within a year? [Facepalm]&nbsp; [Facepalm]&nbsp; [Facepalm]&nbsp;&nbsp; From $19.7 million to $882k? Not even a million&nbsp; [Spurting]&nbsp; [Spurting]&nbsp;&nbsp;","text":"My goodness, how to plunged 96% within a year? [Facepalm] [Facepalm] [Facepalm] From $19.7 million to $882k? Not even a million [Spurting] [Spurting]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/338682977018248","repostId":2459432587,"repostType":2,"repost":{"id":"2459432587","pubTimestamp":1723601723,"share":"https://ttm.financial/m/news/2459432587?lang=&edition=fundamental","pubTime":"2024-08-14 10:15","market":"us","language":"en","title":"AEM Holdings sees 1HFY2024 earnings slashed 96% y-o-y to $822,000","url":"https://stock-news.laohu8.com/highlight/detail?id=2459432587","media":"Douglas Toh","summary":" AEM Holdings’ sees its 1HFY2024 ended June earnings slashed 96% y-o-y to $822,000.","content":"<html><body><p><img src=\"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/online+ESS+Pic+2+AEM+-+Copy_0_0_0.jpg\"/>  AEM Holdings’ sees its 1HFY2024 ended June earnings slashed 96% y-o-y to $822,000.</p><p dir=\"ltr\">Semiconductor player AEM Holdings <code>Awx</code>’ 1HFY2024 ended June earnings plunged 96% y-o-y to $822,000 from the 1HFY2023’s $19.7 million.</p>\n<p dir=\"ltr\">Earnings per share (EPS) from the period was similarly slashed 95% y-o-y to 0.29 cents, from 1HFY2023’s 6.33 cents.</p>\n<p dir=\"ltr\">Meanwhile, revenue in the 1HFY2024 dropped to $173.6 million from the previous $275.2 million, a 37% y-o-y decrease.</p>\n<p dir=\"ltr\">Gross profit from the period also fell 48% y-o-y to $43.4 million from 1HFY2023’s $83.0 million.</p>\n<p dir=\"ltr\">No dividend was declared for the period.</p>\n<p dir=\"ltr\">The group attributes its lower revenue primarily due to weaker demand from its key semiconductor customer, as well as the disposal of an associate, recorded under other expenses at $2.3 million.</p>\n<p dir=\"ltr\">For the 2HFY2024, AEM forecasts revenue to be in the range of $160 million to $180 million, while q-o-q revenue growth is anticipated in the 4QFY2024 thanks to business growth from its new customer.</p>\n<p dir=\"ltr\">Shares in AEM closed 4 cents lower or 2.67% down at $1.46 on Aug 14.</p>\n</body></html>","source":"edge_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AEM Holdings sees 1HFY2024 earnings slashed 96% y-o-y to $822,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAEM Holdings sees 1HFY2024 earnings slashed 96% y-o-y to $822,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-14 10:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/capital/brokers-calls/aem-holdings-sees-1hfy2024-earnings-slashed-96-y-o-y-822000?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Douglas Toh</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AEM Holdings’ sees its 1HFY2024 ended June earnings slashed 96% y-o-y to $822,000.Semiconductor player AEM Holdings Awx’ 1HFY2024 ended June earnings plunged 96% y-o-y to $822,000 from the 1HFY2023’s ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/brokers-calls/aem-holdings-sees-1hfy2024-earnings-slashed-96-y-o-y-822000?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AEM":"伊格尔矿业","AWX.SI":"永科"},"source_url":"https://www.theedgesingapore.com/capital/brokers-calls/aem-holdings-sees-1hfy2024-earnings-slashed-96-y-o-y-822000?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2459432587","content_text":"AEM Holdings’ sees its 1HFY2024 ended June earnings slashed 96% y-o-y to $822,000.Semiconductor player AEM Holdings Awx’ 1HFY2024 ended June earnings plunged 96% y-o-y to $822,000 from the 1HFY2023’s $19.7 million.\nEarnings per share (EPS) from the period was similarly slashed 95% y-o-y to 0.29 cents, from 1HFY2023’s 6.33 cents.\nMeanwhile, revenue in the 1HFY2024 dropped to $173.6 million from the previous $275.2 million, a 37% y-o-y decrease.\nGross profit from the period also fell 48% y-o-y to $43.4 million from 1HFY2023’s $83.0 million.\nNo dividend was declared for the period.\nThe group attributes its lower revenue primarily due to weaker demand from its key semiconductor customer, as well as the disposal of an associate, recorded under other expenses at $2.3 million.\nFor the 2HFY2024, AEM forecasts revenue to be in the range of $160 million to $180 million, while q-o-q revenue growth is anticipated in the 4QFY2024 thanks to business growth from its new customer.\nShares in AEM closed 4 cents lower or 2.67% down at $1.46 on Aug 14.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2459432587"}