AEM Holdings has reported net profit of $13.3 million for the 1QFY2021 ended March, 63.1% lower than net profit of $36.1 million in the corresponding period the year before.

Revenue during the quarter stood 45.4% lower y-o-y at $80.2 million, the second highest since its record revenue of $146.8 million for the 1QFY2020. The figure comprises 67% in revenue from consumables and services, 26% from revenue from tools and machines, and 7% from revenue from contract manufacturing.

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