ASMPT Ltd ( (HK:0522) ) has provided an announcement.

ASMPT reported robust first-half 2026 results from continuing operations, with revenue rising 18.9% half-on-half and 42.5% year-on-year to HK$8.90 billion, driven by mainstream and photonics demand and record SMT bookings. The group highlighted AI as a key driver of strong revenue and orders, while higher adjusted gross margins, particularly from SMT, helped revenue and adjusted earnings per share outperform market expectations.

Despite booking growth and margin expansion, total net profit including discontinued operations declined 14.8% half-on-half to HK$583.5 million, though it surged 169.0% year-on-year, reflecting a recovery from a weaker prior-year base. The company completed the disposal of ASMPT NEXX, which is no longer consolidated, and issued guidance for third-quarter 2026 revenue of US$630 million to US$690 million, implying continued double-digit year-on-year growth and underscoring its strengthened outlook in AI and advanced packaging markets.

The most recent analyst rating on (HK:0522) stock is a Buy
with a HK$225.00 price target.
To see the full list of analyst forecasts on ASMPT Ltd stock,
see the HK:0522 Stock Forecast page.