--- title: "Brief News: First-quarter revenue increased by over 30% year-on-year, ASMPT expects the upward trend to continue this season" type: "News" locale: "en" url: "https://longbridge.com/en/news/283585681.md" description: "Semiconductor and electronic assembly equipment manufacturer ASMPT Ltd. announced its first-quarter performance, with revenue reaching HKD 3.97 billion, a year-on-year increase of 32%. New orders amounted to HKD 5.67 billion, a quarter-on-quarter increase of 46% and a year-on-year increase of 71.6%. Adjusted profit was HKD 335 million, up 123.8% year-on-year. The company forecasts second-quarter sales revenue to be between USD 540 million and USD 600 million, a quarter-on-quarter increase of 12.2%. On Wednesday, the stock price rose by 2.7%, closing at HKD 152.1, with the stock price doubling over the past year" datetime: "2026-04-22T02:25:49.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283585681.md) - [en](https://longbridge.com/en/news/283585681.md) - [zh-HK](https://longbridge.com/zh-HK/news/283585681.md) --- # Brief News: First-quarter revenue increased by over 30% year-on-year, ASMPT expects the upward trend to continue this season Semiconductor and electronic assembly equipment manufacturer **ASMPT Ltd.** (0522.HK) announced its **first quarter performance** for this year on Tuesday, with revenue exceeding the previous median sales revenue forecast, reaching HKD 3.97 billion (USD 508 million), a year-on-year increase of 32% and a quarter-on-quarter increase of 0.2%. The group's new orders reached HKD 5.67 billion, far exceeding expectations, with a quarter-on-quarter growth of 46% and a year-on-year growth of 71.6%, setting a four-year high. The growth was mainly driven by market demand for multiple products, particularly surface mount technology solutions, wire bonders, die bonders, and photonics. Due to the decision to sell ASMPT NEXX in the fourth quarter of last year, it has been classified as a discontinued operation. If calculated based on continuing operations, the adjusted profit is HKD 335 million, a year-on-year increase of 123.8%. The company forecasts that sales revenue for the second quarter will be between USD 540 million and USD 600 million, with a median of USD 570 million, representing a quarter-on-quarter increase of 12.2% and a year-on-year increase of 37%. On Wednesday, ASMPT opened up 2.7% to HKD 152.1, with the company's stock price doubling from its low over the past year. _Liu Zhiheng_ ### Related Stocks - [00522.HK](https://longbridge.com/en/quote/00522.HK.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) ## Related News & Research - [CSconnected supporting £436m for Welsh economy and 3140 jobs](https://longbridge.com/en/news/283479811.md) - [Omdia sees sharp semiconductor revenue growth on memory pricing](https://longbridge.com/en/news/283963626.md) - [Risecomm Moves to Modernise Articles for Electronic Shareholder Engagement](https://longbridge.com/en/news/283985286.md) - [Citic Securities Reaffirms Their Buy Rating on TCL Electronics Holdings (TCLHF)](https://longbridge.com/en/news/283607870.md) - [Glorious Sun Moves to Enable Hybrid Meetings and Digital Shareholder Communications](https://longbridge.com/en/news/283644898.md)