AEM Holdings reports 2HFY2021 earnings of $62.4 million, plans final dividend of 5 cents

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AEM Holdings reports 2HFY2021 earnings of $62.4 million, plans final dividend of 5 cents

The Edge Singapore2022-02-24

For the current FY2022, AEM expects to generate revenue ranging between $670 to $720 million.AEM Holdings has reported earnings of $62.4 million for 2HFY2021 up 47.5% from 1HFY2021. However, full year...

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kuehlapis
·2022-03-07
a solid buy
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However, full year...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/results/aem-holdings-reports-2hfy2021-earnings-624-million-plans-final-dividend-5-cents?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 reports 2HFY2021 earnings of $62.4 million, plans final dividend of 5 cents</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 reports 2HFY2021 earnings of $62.4 million, plans final dividend of 5 cents\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-24 15:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/capital/results/aem-holdings-reports-2hfy2021-earnings-624-million-plans-final-dividend-5-cents?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>The Edge Singapore</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For the current FY2022, AEM expects to generate revenue ranging between $670 to $720 million.AEM Holdings has reported earnings of $62.4 million for 2HFY2021 up 47.5% from 1HFY2021. However, full year...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/results/aem-holdings-reports-2hfy2021-earnings-624-million-plans-final-dividend-5-cents?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/results/aem-holdings-reports-2hfy2021-earnings-624-million-plans-final-dividend-5-cents?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2214759299","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2214759299","pubTimestamp":1645687977,"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"For the current FY2022, AEM expects to generate revenue ranging between $670 to $720 million.","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报告2021年第二季度收益为6240万美元，计划末期股息为5美分","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AEM":1,"AWX.SI":1},"content_text":"For the current FY2022, AEM expects to generate revenue ranging between $670 to $720 million.AEM Holdings has reported earnings of $62.4 million for 2HFY2021 up 47.5% from 1HFY2021. However, full year earnings was down 5.6% to $92.1 million over FY2020 because of lower margins.\nRevenue for 2HFY2021 was up 52.2% y-o-y to $373.2 million, with contributions from recently acquired CEI.\nFor the whole of FY2021, revenue was up 9% to $565.5 million, which exceeds the company’s guidance.\nFor the current FY2022, AEM expects to generate revenue ranging between $670 to $720 million.\nThe company plans to pay a final dividend of 5 cents per share, which will bring FY2021 total to 7.6 cents. In contrast, it paid a final dividend of 4 cents for FY2020.\nAEM expects the demand for its products and solutions to remain strong and the adoption of its new platforms to continue in FY2022 and into FY2023. \nThe industry has been witnessing investments and capex spend from the front‐end players. \nThese developments will lead to additional investments in back‐end test in subsequent quarters. \nAEM has also made significant progress in its technical engagements with top tier semiconductor companies and expects meaningful revenue contribution from these engagements in 2H2022 and beyond. \n“The semiconductor industry is undergoing a period of rapid pace of change, innovation, with the rapid adoption of new technology amidst the pandemic,” says CEO Chandran Nair, adding that supply chain challenges have persisted in the past year for the industry. \n“We will continue to work closely with our suppliers to secure the parts and components and manage the increasingly higher supply chain costs and longer lead time to assure timely shipments and delivery for our customers,” he adds.\nSeparately, AEM warns that itself and two of its subsidiaries have been filed an arbitration in the US, which, under rules of the arbitral body, JAMS, details are to be \"confidential\".\nUS-based JAMS, is formerly known as Judicial Arbitration and Mediation Services, Inc.\nAccording to AEM, citing legal advice sought, the claims \"appear to lack factual and/or legal support.\"\nAEM adds that the arbitration is still at an early stage and the claimant has not provided any quantification for its demands for relief. \nThe company further expects the arbitration hearing to conclude in 2023.\nAEM shares, quoted in Singdollars, closed on Feb 24 at $4.03, down 4.05% for the day, and down 23.09% year to date.","kind":"highlight","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":1},"commentList":[{"id":9031547824,"gmtCreate":1646624754467,"gmtModify":1676534144774,"author":{"id":"3574029017802033","authorId":"3574029017802033","name":"kuehlapis","avatar":"https://static.tigerbbs.com/732ffeea71fc0732b84f029cc0e8263e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574029017802033","authorIdStr":"3574029017802033"},"htmlText":"a solid buy","listText":"a solid buy","text":"a solid buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031547824","repostId":2214759299,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":1,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}