AEM Holdings' H1 Profit Soars 245% to $3.1M on Strong Tech Sales
Singapore's AEM Holdings reports 245% profit increase to $3.1M in H1 2025, driven by strong semiconductor testing equipment sales and technological innovation in a challenging global market.
AEM Holdings' semiconductor testing facility in Singapore showcasing advanced AMPS-BI technology
Singapore-based semiconductor test equipment manufacturer AEM Holdings reported a remarkable 245% surge in net profit to $3.1 million for the first half of 2025, showcasing the city-state's growing strength in advanced technology manufacturing.
Strong Revenue Growth and Market Performance
The company's revenue climbed 10% year-on-year to $190.3 million, driven primarily by increased sales to its anchor customer and accelerated orders from other clients. This performance aligns with Singapore's broader corporate earnings growth trend in the first half of 2025.
Technology Innovation Drives Success
AEM's test-cell solutions segment demonstrated impressive growth, with revenue increasing 18.8% to $118.6 million. This success stems from the successful deployment of their innovative AMPS-BI semiconductor tester solution, highlighting Singapore's growing technological capabilities and innovation ecosystem.
Operational Highlights
- Gross profit increased 11% to $48.3 million
- Operating cash flow reached $46.4 million
- Earnings per share rose to $0.0098 from $0.0029
Market Challenges and Strategic Response
While the company's core technology business thrived, its contract manufacturing segment faced headwinds, declining 4.7% to $67 million amid global trade uncertainties. This mirrors broader economic challenges affecting Singapore's manufacturing sector.
Future Outlook and Leadership Vision
Newly appointed CEO Samer Kabbani expressed confidence in AEM's technology roadmap, emphasizing the company's readiness to scale innovations into high-volume production. The group forecasts H2 2025 revenue between $170 million and $190 million, maintaining momentum from the first half.
"We are near the stage of our technology road map and customer engagements where these innovations are ready to scale into high-volume production," stated Kabbani.
Wei-Ling Tan
Tech and economy specialist, covering innovation in Southeast Asia from Singapore for both English-language and regional media outlets.