DBS analyst Amanda Tan maintained a Buy rating on AEM Holdings Ltd. today and set a price target of S$8.90. Tan covers the Technology sector, focus...
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AEM Holdings Ltd. (AWX) Gets a Buy from DBS
TIPRANKS04-29
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- Jason_LSE·05-01I think AEM Holdings Ltd still has uptrending potential. I attended AEM recent AGM and spoke with their top management. Here is why ? AEM offers application-specific intelligent system test and handling solutions for semiconductor and electronics companies serving the 5G and artificial intelligence (AI) markets. The group has five manufacturing plants located in Singapore, Malaysia, China, France and Finland. AEM just announced a stellar set of earnings for the first half of 2020. Revenue jumped by 81.7 per cent year on year to hit $273.7 million. Net profit more than doubled from $22.3 million a year ago to $55.3 million. All divisions recorded growth in sales, and demand for the group’s semiconductor test solutions continues to be robust. Although the pandemic has disrupted global s1Report