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 trend

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.