CITIGROUP says ASMPT (00522.HK) reported Q3 revenue HKD 5.247 bln, up 49% YoY and 6% QoQ, driven by advanced packaging, SEMI mainstream and SMT; revenue matched prior guidance of USD 630–690m. Q3 net profit HKD 533m vs market expected HKD 578m, and w

2026-10-28

CITIGROUP says ASMPT (00522.HK) reported Q3 revenue HKD 5.247 bln, up 49% YoY and 6% QoQ, driven by advanced packaging, SEMI mainstream and SMT; revenue matched prior guidance of USD 630–690m. Q3 net profit HKD 533m vs market expected HKD 578m, and was within CITIGROUP’s model. Management guides Q4 revenue USD 670–730m; the midpoint implies ~38% YoY growth and is about 9% above market expectations, with the low end also above consensus. CITIGROUP reiterates Buy and HKD 250 PT, citing order trends supporting advanced packaging demand.