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ASM Pacific Technology ( (HK:0522) ) has issued an announcement.
ASMPT Limited, a company listed on the Hong Kong Stock Exchange, announced its financial results for the first quarter of 2025. The company reported a revenue of HK$3.12 billion, a slight decrease year-over-year, but bookings exceeded expectations at HK$3.35 billion. Despite a decline in operating and net profits compared to the previous year, the company saw significant quarter-over-quarter improvements. The gross margin rebounded to 40.9%, and the company expanded its TCB customer base, indicating a positive outlook for future growth.
More about ASM Pacific Technology
YTD Price Performance: -37.10%
Average Trading Volume: 2,400
Technical Sentiment Signal: Buy
Current Market Cap: $2.74B
See more insights into 0522 stock on TipRanks’ Stock Analysis page.
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