AMEC's 2024 results show strength; expands capacity, grants equity

Advanced Micro-Fabrication Equipment (AMEC, SSE:688012) announced robust 2024 financial results marked by a 44.73% increase in operating revenue to CNY 9.065 billion. The company's net profit attributable to owners of the parent company stood at CNY 1.615 billion. In pursuit of sustained growth, AMEC has been strategically expanding its production and R&D footprint, with new facilities in Lingang, Nanchang, Guangzhou and Chengdu and has been focusing on localizing its supply chain.