ASMPT Reports Strong First Half Revenue and Profit Growth
ASMPT reported first-half revenue from continuing operations of HK$8.90 billion, representing an increase of 18.9% compared to the previous half and a significant year-over-year growth of 42.5%. The company attributed this performance to strong demand in both SEMI and SMT segments driven by AI-related tailwinds. Bookings for the period reached HK$12.75 billion, up sharply from prior periods with an increase of 68.1% HoH and 85.1% YoY. Adjusted net profit surged to HK$972.7 million in the first half, reflecting a rise of 263.8% compared to the previous half and 230.5% year-over-year due to higher operating profits. The results highlight ASMPT's strong market position amid growing demand for semiconductor manufacturing equipment linked to AI advancements.
Topics: AI demand bookings profit growth revenue