AEM's profit skyrocketed 147.9% to $55.28m in H1

Uploaded By:  Nathanielle Punay Submitted By:  Nathanielle Punay Case Study:  No All of its business segments saw an uptick in revenues. AEM Holdings saw its net profit surge 147.9% YoY to $55.28m in H1 from $22.3m in H1 2019, an announcement revealed. Likewise, net profit margin edged up from 14.8% to 20.2% over the same period. The profit jump was thanks to higher revenue, favourable product mix and operational cost efficiency, AEM said. Revenue skyrocketed 81.7% YoY to $273.7m in H1 from $150.64m as all of its business segments saw an uptick in revenues. read more