Brief News: First-quarter revenue increased by over 30% year-on-year, ASMPT expects the upward trend to continue this season
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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
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