Five-fold jump in Aemulus Q3 net profit


During the quarter in review, the semiconductor company saw its revenue doubling to RM12mil from RM5.5mil in the previous corresponding quarter, driven by growing demand from the enterprise storage, smartphone and tablet segments.

PETALING JAYA: Aemulus Holdings Bhd registered a five-fold increase in net profit to RM2.5mil for its third quarter ended June 30 from RM480,000 in the corresponding period last year, thanks to higher revenue.

During the quarter in review, the semiconductor company saw its revenue doubling to RM12mil from RM5.5mil in the previous corresponding quarter, driven by growing demand from the enterprise storage, smartphone and tablet segments. The group’s earnings per share rose to 0.56 sen from 0.11 sen previously.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Aemulus , stocks , earnings , profit ,

   

Next In Business News

MSPO 2.0 reinforces Malaysia's leadership in sustainable palm oil production - MPOC
China's central bank might cut interest rates from current level of 1.5% in 2025, FT reports
FBM KLCI bounces despite Wall St stumble on jobs report
Ringgit weakens versus US$, higher against major currencies
Trading ideas: Maxis, Pentamaster, Awanbiru, KNM, Sunway REIT, Peterlabs, Maybank, Ebobuilt, YXPM, MMC, Ocean Vantage, Karex, Velocity
Oil prices settle up on China optimism
Wall St ends lower on first trading session of 2025
Lotte Chemical Titan’s NC1 shutdown a positive move
CHGP in leadership change
Mandatory foreign EPF contribution a positive

Others Also Read