$AEM SGD (AWX.SG)$ AEM (Aug 11) reported net profit of S$19....
AEM (Aug 11) reported net profit of S$19.7 million for the first half of its 2023 financial year, - 76 % drop from S$82.8 million a year prior. 😵💫😵💫
This comes on the back of the group’s H1 revenue almost halving to S$275.2 million, from S$540.5 million in the year-ago period.
No dividend was declared for the period under review, as a “prudent measure to preserve cash for working capital requirement. 😰
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May 102377128 : Thank you for sharing! Let’s see how Aem settles next week before I re-enter..
adventurous Liger_78 : is it because due to the china and US war trade which coz the drop on revenue?
Stock Watch OP May 102377128 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
expecting a " good" dip
Stock Watch OP adventurous Liger_78 : mainly
Winteromeo : AEM turn the boat back for you.
Stock Watch OP Winteromeo :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
adventurous Liger_78 Stock Watch OP : hopefully will get better after trump elected.
Stock Watch OP adventurous Liger_78 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")