HK Stock Market Move | ASMPT (00522) fell more than 4% due to the impact of one-off expenses for factory closure, turning a profit of 2.69 billion Hong Kong dollars into a loss in the third quarter.

ASMPT (00522) dropped more than 4%, as of the time of this report, it fell by 4.58% to HKD 83.25, with a trading volume of 2.95 billion Hong Kong dollars. In terms of news, ASMPT released its third quarter performance for 2025, with the group achieving a sales revenue of 36.6 billion Hong Kong dollars, a year-on-year increase of 9.5%; total new orders amounting to 36.21 billion Hong Kong dollars, a year-on-year increase of 14.2%; and a net loss attributable to shareholders of 2.686 billion Hong Kong dollars, a year-on-year reversal from profit to loss. The company cited that the net loss of 2.69 billion Hong Kong dollars was mainly due to restructuring costs and inventory write-offs arising from the voluntary liquidation of its subsidiary, Advanced Semiconductor Equipment (Shenzhen) Co., Ltd. (AEC), with related expenditures totaling 3.71 billion Hong Kong dollars. Furthermore, the company expects sales revenue for the fourth quarter to be between 470 million and 530 million US dollars, with a midpoint quarter-on-quarter growth of 6.8% and year-on-year growth of 14.3%. Huatai believes that the Q3 loss was impacted by one-time costs related to the closure of factories, and the Q4 revenue guidance is positive, showing optimism for the continued advancement of advanced packaging products in 2026.