Group Revenue Achievement
The company achieved group revenue of USD 401.5 million, meeting the midpoint of revenue guidance.
Advanced Packaging Solutions Success
The company's Advanced Packaging Solutions, particularly Thermal Compression Bonding (TCB) tools, continued to perform strongly, expanding its customer base with initial orders from another global HBM customer.
Gross Margin Rebound
The group saw a rebound in gross margin, exceeding 40%, driven by a better product mix.
SEMI Segment Growth
SEMI revenue grew to USD 255.6 million, up 0.6% quarter-on-quarter and 44.7% year-on-year, contributing about 64% of the group's revenue.
Cost Control Measures
Disciplined cost control measures and seasonality reduced operating expenditure by 11.3% quarter-on-quarter.