Shares & Derivatives
AEM Holdings Ltd – disappoints with a bigger than expected loss in Q4-2013 of S$4.6mn….bringing its full year loss to S$7.9mn…..but
By Kevin Scully-Financial Blog  •  February 24, 2014
AEM Holdings Ltd – disappoints with a bigger than expected loss in Q4-2013 of S$4.6mn….bringing its full year loss to S$7.9mn…..but Monday, 24 February, 2014  4:5 PM
Posted by Kevin Scully

 I was expecting AEM to make a loss in 2013 as last year was a period of transition for both its core businesses. A copy of its FY2013 results can be found here.   Its original core testing equipment business was witnessing an end of life phase for its old tester while its new tester was only just gaining traction.  Its substrate factory was just being set-up and when I visited the plant in Q3-2013.  It was up, with pilot runs taking place and being qualified by potential customers.

The table below summarises the FY2013 results

 

 

2013

2012

%

FYE Dec 31

S$mn

S$mn

chng

 

 

 

 

Revenue

...

...
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By Kevin Scully-Financial Blog
Kevin began his working life in the regional and economics division of the Ministry of Foreign Affairs. He then moved to the private sector analyzing equities before venturing out to start NRA Capital. After 25 years of watching stocks and living through financial disarray during the Pan Electric Crisis, the 1987 Crash, the Barings debacle, the Gulf War, Asian financial crisis - what can sub-prime do but add another scar to already bruised wounds. Ever since starting his blog, Kevin has been enthusiastically giving his personal views on the market. He discusses about equities, the market turmoil, and the broad economy.
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