AEM's (SGX:AWX) shares surged over 13% on Thursday after the semiconductor solutions provider reported a 329% increase in its net profit during the first quarter of the year to SG$14.3 million from SG$3.3 million a year earlier.
Earnings per share rose to SG$0.0459 compared with SG$0.0105 in the year-ago period, according to a Wednesday filing with the Singapore Exchange.
Revenue jumped 36% year over year to SG$116.9 million from SG$86.0 million.
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