Stock Track | AEM SGD Soars 3.94% in Pre-Market on Strong FY Results and Upbeat Guidance
Stock Track
Feb 26
AEM SGD's stock price surged 3.94% in pre-market trading on Thursday, following the release of the company's full-year financial results and forward-looking guidance.
The company reported a full-year net income of SGD 17.148 million and revenue of SGD 399.338 million for the previous fiscal year. Additionally, management provided an optimistic revenue forecast for the upcoming year, guiding for FY2026 revenue in the range of S$460 million to S$510 million, indicating expected growth.
The positive financial performance and the announcement of a recommended final dividend of 1.3 SG cents per ordinary share for FY2025 contributed to investor optimism, driving the stock price higher at the market open.
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