AEM Holdings Ltd. (SG:AWX) has released an update.
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AEM Holdings Ltd. has reported a 6.5% decline in its third-quarter revenue to S$74.2 million, yet managed to increase its pre-tax profit by 3.5% due to operational efficiency improvements. The company has revised its second-half 2024 revenue guidance upwards to between S$190 million and S$210 million, benefiting from a significant inventory order shift by a key customer. Additionally, AEM has made strides in test innovation with the commercialization of its enhanced AMPS platform.
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