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Time Name Type Price Vol
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Name Last Change
Oceanus^0.047-0.002
Shen Yao0.005+0.001
AusGroup0.038-
Jiutian Chemical0.108-0.001
The Place Hldg0.086+0.016
MarcoPolo Marine0.021-0.002
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Blumont0.005-0.001
V2Y Corp0.068+0.004
ETC Singapore0.052+0.001

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News - Detailed News Story

AEM

Stock Chart
Last Done 4.080
Change -0.020 (-0.49%)
Volume 5,357.7
Range 4.070 - 4.180

Related News

AEM shares hit record after stellar H1 results

06 Aug 2020 09:00

By Rachel Mui

SHARES in AEM Holdings hit a record high on Tuesday, after the semiconductor play on Monday reported a 147.9 per cent increase in its first-half net profit to S$55.3 million.

The counter hit an intra-day high of S$4.23, before easing to S$4.19 by the closing bell, advancing S$0.53 or 14.5 per cent on a cum-dividend basis. This is the highest the stock has been since its listing back in December 2000. Some 25.1 million shares changed hands, making it one of the most heavily traded counters on the Singapore bourse for the day.

AEM's H1 earnings were lifted by higher revenue, a favourable product mix and operational cost efficiencies. Revenue rose 81.7 per cent to S$273.7 million on an increase in sales orders from existing and new customers. Earnings per share swelled to 20.15 Singapore cents for H1 2020, from 8.25 Singapore cents a year earlier.

The group has proposed an interim dividend of five Singapore cents per share, representing a payout of 25 per cent for H1 2020. It had paid two Singapore cents in the same period last year. The dividend will be paid on Sept 11.


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Source: Business Times
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