Shares in AEM closed 7 cents lower or 2.15% down at $3.18 on Oct 14.
AEM Holdings has lifted its revenue guidance for the FY2022 ending Dec 31 to between $820 million to $850 million. This is compared to its previous guidance of between $670 million to $720 million made on Jan 11.
The revised guidance, released on Oct 14, was due to increased demand from the company’s new and existing customers.