AEM Holdings has reported a 149.9% surge in its 1H20 earnings to $55.3 million from the $22.3 million registered in 1H19, due to higher revenue, favourable product mix, and operational cost efficiency.

Earnings per share (EPS) for the half-year came in at 20.15 cents, from the 8.25 cents in the same period the year before.

Fully diluted EPS, after provision for preference dividends, came in at 20.13 cents for the half-year, compared to the 8.18 cents a year ago.

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