AMEC's ​​performance in 2023 will increase significantly, and SiC and GaN equipment will make progress

AMEC achieved revenue of 6.264 billion yuan in 2023, with net profit up 52.67% year-on-year. The company's etching equipment and MOCVD equipment sales performed strongly, with new orders reaching 8.36 billion yuan, up 32.3% year-on-year. In addition, the company has made good progress in developing various types of MOCVD equipment required for SiC and GaN devices, which are expected to enter the market in 2024.