ASM Pacific Technology ( (ASMVF) ) has released its Q1 earnings. Here is a breakdown of the information ASM Pacific Technology presented to its investors.
ASMPT Limited is a global leader in providing hardware and software solutions for semiconductor and electronics manufacturing, specializing in semiconductor assembly, packaging, and surface mount technology (SMT) industries.
In its first-quarter results for 2025, ASMPT reported a solid performance with revenue meeting the mid-point of guidance despite a slight year-over-year decline. The company highlighted strong bookings and a rebound in gross margin, driven by its Advanced Packaging solutions and Thermo-Compression Bonding (TCB) tools.
Key financial metrics for the quarter included revenue of HK$3.12 billion, a slight decrease of 0.5% year-over-year, and bookings of HK$3.35 billion, an increase of 4.8% year-over-year. The gross margin improved to 40.9%, and operating profit saw a significant quarter-over-quarter increase, although it was down year-over-year. The company also noted a decline in operating expenses due to cost control measures.
Looking forward, ASMPT anticipates revenue growth in the second quarter of 2025, with expectations of improved performance in its mainstream businesses. The company remains optimistic about the demand for its Advanced Packaging and TCB solutions, particularly in AI and high-performance computing applications, while remaining vigilant about potential tariff impacts.