25 Jan 2026 03:58:06 ET │ 12 pages Advanced Micro-Fabrication Eq (688012.SS) 2025 Preliminary Earnings In-Line with Consensus but Beat CitiE CITI'S TAKE China's semiconductor etching machine maker AMEC voluntarily released its 2025 preliminary results 23 January, indicating that 2025 net profit could increase by 29%-35% YoY to Rmb2.08bn-2.18bn. The mid-point of the earnings range – Rmb2.13bn – is in-line with Bloomberg consensus but 12% ahead of CitiE, which we believe is due to higher investment income. De ...