ASMPT Ltd
00522: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %B! | LOCK|<$mc | LOCK|HJw>^%W |
ASMPT Earnings: Strong Advanced Packaging, but Margin Decline Drives Fair Value Down 5% to HKD 83
In second quarter, ASMPT reported 2% revenue growth with bookings up 20% year on year. It guided third-quarter revenue growth of 11% year on year, pointing to a recovery starting second half. Second-quarter net profit declined 2% year on year, given gross margin declined 33 basis points to 39.7%.
