ASMPT Limited (ASMPT) recorded sales revenue of HK$31.4 billion in the first quarter of 2024, down 19.9% from the same period last year. Unaudited earnings were HK$1.77 million, down 43.7% year-on-year, and basic earnings per share were HK$0.43. Total new orders were HK$32.0 billion, up 17.0% quarter-on-quarter but down 9.8% year-on-year. The gross margin was 41.9% and the operating margin was 7.6%. The company forecasts second-quarter sales revenue in 2024 to be between $3.8 billion and $4.4 billion. ASMPT SAID THE DEMAND FOR ADVANCED PACKAGING SOLUTIONS IS DRIVING NEW ORDER GROWTH AND REMAINS OPTIMISTIC ABOUT ITS LONG-TERM PROSPECTS AND GROWTH POTENTIAL.

ASMPT Limited (ASMPT) recorded sales revenue of HK$31.4 billion in the first quarter of 2024, down 19.9% from the same period last year. Unaudited earnings were HK$1.77 million, down 43.7% year-on-year, and basic earnings per share were HK$0.43. Total new orders were HK$32.0 billion, up 17.0% quarter-on-quarter but down 9.8% year-on-year. The gross margin was 41.9% and the operating margin was 7.6%. The company forecasts second-quarter sales revenue in 2024 to be between $3.8 billion and $4.4 billion. ASMPT SAID THE DEMAND FOR ADVANCED PACKAGING SOLUTIONS IS DRIVING NEW ORDER GROWTH AND REMAINS OPTIMISTIC ABOUT ITS LONG-TERM PROSPECTS AND GROWTH POTENTIAL.