AEM’s H1 net profit rises 10 times to S$30.8 million on stronger AI chip demand
Earnings per share come in at S$0.0979 for the half-year, from S$0.0098 in the first half of 2025
Singapore's semiconductor test-equipment firm AEM reported a significant surge in half-year net profit, reaching S$31 million as of June 30, up tenfold from S$3.1 million in the prior period. This growth was primarily fueled by increasing demand for its test equipment from AI chip manufacturers. The company's largest test-cell customer drove this growth, marking the fourth consecutive quarter of net profit and third consecutive quarter of revenue growth.
Revenue for the half year climbed 30% to S$247.2 million, with AI and HPC customer driving the increase. Earnings per share stood at S$0.0979, up from S$0.0098 in the previous half-year. The company declared an interim dividend of S$0.024 per share, payable on September 8, 2026. Shares of AEM rose 0.9% to S$9.63 following the announcement.
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