AMEC has issued a statement projecting its 2024 revenue to approximate RMB 9.065 billion, marking a YoY increase of 44.73% and an augmentation of approximately RMB 2.802 billion from 2023 levels. Specifically, sales of etching equipment are anticipated to reach approximately RMB 7.276 billion, signifying a YoY growth of 54.71%. Additionally, LPCVD thin-film equipment has secured its maiden sale, with anticipated annual equipment sales totaling approximately RMB 156 million. Despite this robust revenue expansion, the company forecasts its 2024 net profit attributable to parent company shareholders to fall within the range of RMB 1.5 billion to RMB 1.7 billion, representing a YoY decrease of 4.81% to 16.01%. On the front of new product development, AMEC has achieved notable milestones, with cumulative shipments of LPCVD thin-film equipment surpassing 100 reactors.
