AEM Holdings' sales orders to-date for 2019 delivery hit S$209m

TEST-HANDLING machine supplier AEM Holdings on Thursday said it has received sales orders worth S$209 million as at April 25, for delivery in fiscal 2019., and S$140 million announced in February.

The company is revising its revenue range upwards to be between S$225 million and S$250 million. It is similary revising its capital expenditure range to be between S$4 million and S$7 million, whereby the increase is to support engineering development for future customer programmes.

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