ASMPT(00522) first quarter sales revenue was 3.12 billion Hong Kong dollars, a year-on-year decrease of 0.5%.

date
30/04/2025
avatar
GMT Eight
ASMPT (00522) issued an announcement that in the first quarter of 2025, the group achieved sales revenue of 31...
ASM Pacific Technology (00522) announced that in the first quarter of 2025, the group achieved sales revenue of HK$3.12 billion, a decrease of 0.5% year-on-year; new order intake amounted to HK$3.35 billion, an increase of 4.8% year-on-year; profit was HK$82.6 million, a decrease of 53.5% year-on-year; basic earnings per share were HK$0.20. The group's advanced packaging solutions continued to be the main beneficiaries of artificial intelligence, performing strongly under the leadership of the thermo compression bonding tool. The group has completed the shipment of a bulk TCB order from a leading memory customer, which is mainly used to support customers' large-scale production of 12-layer HBM3E solutions. The group has secured more TCB orders from multiple customers (including another leading customer in high frequency wide memory) and is focusing on securing follow-up orders from these high frequency wide memory companies. This further strengthens its leadership position in the TCB market. As for the Surface Mount Technology Solutions Division, its system packaging solutions obtained strong seasonal orders in this quarter. The group's mainstream business continues to be affected by soft demand from the automotive and industrial terminal markets. The group's gross profit margin has returned to above 40% level, mainly due to better product mix in both divisions.