Strong earnings prospects for Aurelius on chip expansion plan | 12Invest 投资理财分享站

Strong earnings prospects for Aurelius on chip expansion plan

PETALING JAYA: Aurelius Technologies Bhd is poised to enjoy robust earnings growth, along with improved margins, driven by the expansion of its semiconductor component segment.

Aurelius’ involvement in the higher-margin semiconductor component segment differentiates the group from the other electronic manufacturing services (EMS) players, who are mainly or solely focused on consumer electronics.

JF Apex Research, which initiated coverage on Aurelius with a “buy” call, expects the group’s net profit to grow by 45.3% year-on-year (y-o-y) to RM24.3mil in the financial year ending Jan 31, 2022 (FY22). (Read More)