Meanwhile, revenue from the group’s precision components (PCS) business remained stable at $1.9 million over the quarter.
SINGAPORE (Apr 25): AEM Holdings posted earnings of $8.2 million for the quarter ended Mar, doubling from its 1Q17 earnings of $4.1 million a year ago on higher revenue, mainly comprising contributions from its core business in equipment systems (ESS).
Revenue for the quarter grew 55.9% to $65.7 million from $42.1 million previously due to significantly higher revenue from ESS on increased equipment, pans and kit sales, which grew 58.5% to $63.8 million a year ago.
