ASMPT (stock code 00522) announced H1 results ending June 30, reporting profit attributable to shareholders of HK$589 million, up 174% year-over-year, with basic earnings per share of HK$1.41 and an interim dividend of HK$0.97. Revenue reached HK$8.903 billion, up 42.46% YoY. The surge was driven by strong demand for advanced packaging solutions tied to AI infrastructure expansion and recovery in mainstream semiconductor applications.
ASMPT Reports HK$589M H1 Profit with 174% YoY Surge
ASMPT's H1 profit attributable to shareholders reached HK$589 million, up 174% compared to the same period last year. Basic earnings per share stood at HK$1.41. The company declared an interim dividend of HK$0.97 per share. Revenue for the six-month period totaled HK$8.903 billion, representing a 42.46% increase year-over-year.
Q2 Revenue Climbs 52% to HK$4.936 Billion
For Q2 alone, ASMPT recorded profit attributable to shareholders of HK$335 million, up 155% year-over-year. Basic earnings per share for the quarter were HK$0.80. Revenue reached HK$4.936 billion, up 52.14% compared to Q2 of the prior year.
Q3 Revenue Guidance Set at USD 630M-690M Midpoint
ASMPT stated that despite longer delivery cycles for certain materials, Q3 revenue is expected to range between USD 630 million and USD 690 million. At the midpoint, this represents a 4.8% quarter-over-quarter increase and a 46.3% year-over-year increase, exceeding market expectations. The company also expects Q3 new orders to continue growing at a high single-digit percentage quarter-over-quarter, primarily driven by TCB (thermal compression bonding) and photonics.
AI Demand to Drive Advanced Packaging Growth Through 2026
ASMPT noted that the proliferation of artificial intelligence will continue to drive structural demand for advanced AI applications and computing needs, benefiting the company's product portfolio. This includes advanced packaging solutions capable of addressing complex technical requirements across the AI value chain, as well as mainstream solutions supporting large-scale AI infrastructure construction. For mainstream business, the company believes demand recovery in certain traditional applications will continue. Despite longer delivery periods and dynamic customer AI product launch schedules, ASMPT remains confident in revenue growth for both its Semiconductor Solutions segment and Surface Mount Technology Solutions segment through 2026.
FAQ
What were ASMPT's H1 profit and revenue figures ending June 30?
ASMPT reported H1 profit attributable to shareholders of HK$589 million, up 174% year-over-year, with revenue of HK$8.903 billion, up 42.46% YoY. Basic earnings per share were HK$1.41, and the company declared an interim dividend of HK$0.97.
What is ASMPT's Q3 revenue guidance?
ASMPT expects Q3 revenue to range between USD 630 million and USD 690 million. At the midpoint, this represents a 4.8% quarter-over-quarter increase and a 46.3% year-over-year increase, exceeding market expectations. The company also anticipates Q3 new orders to grow at a high single-digit percentage QoQ, driven by TCB and photonics.
How is AI demand impacting ASMPT's business outlook?
ASMPT stated that AI proliferation is driving structural demand for advanced AI applications and computing, benefiting its advanced packaging solutions and mainstream products supporting AI infrastructure. The company remains confident in revenue growth for its Semiconductor Solutions and Surface Mount Technology Solutions segments through 2026, despite longer delivery periods and dynamic customer product launch schedules.
