$AEM SGD (AWX.SG)$ AEM’s Q4 inventory, pre-tax profit to be ...

AEM’s Q4 inventory, pre-tax profit to be adjusted downwards due to shortfall.

Excess inventory and profits are estimated at between S$18 million and S$25 million😬😬.

The company, in consultation with its independent external auditors, has made a determination that the entirety of the S$18 million to S$25 million will be adjusted down in Q4 FY2023,” AEM said