The surge in earnings was due to a more favourable product mix, the group says. It generated an operating cashflow of $46.4 million largely from the consumption of inventories.
AEM Holdings has reported earnings of $3.1 million for the 1HFY2025 ended June 30, a 245% y-o-y increase.
The group’s revenue for the period came in at $190.3 million, up 9.6% y-o-y due to its ramp into high volume manufacturing at its major AI/high-performance computing (HPC) anchor customer and the pull-in of orders related to its non-cancellable, long-dated purchase order programme with one of its customers.
