ASMPT reported a robust first half to 30 June 2026, driven by accelerating demand for AI-related semiconductor and SMT solutions.

Financial Performance • Revenue from continuing operations reached HK$8.90 billion, up 42.50% year-on-year and 18.90% half-on-half. • Bookings surged 85.10% year-on-year to HK$12.75 billion, lifting the book-to-bill ratio to 1.43, the highest since 1H 2021. • Gross margin from continuing operations improved 0.86 percentage points year-on-year to 41.10%, supported by mix and volume leverage. • Operating profit rose 205.20% year-on-year to HK$1.17 billion; adjusted operating profit climbed 195.60% to HK$1.24 billion. • Net profit from continuing operations jumped 183.80% year-on-year to HK$0.74 billion; headline net profit including discontinued operations was HK$0.58 billion, up 169.00%. • Basic EPS from continuing operations advanced to HK$1.79 versus HK$0.62 a year earlier.

Segment Highlights Semiconductor Solutions (SEMI) – Revenue: HK$5.04 billion, +35.30% YoY, representing 57% of group sales. – Adjusted segment margin expanded to 18.10%, boosted by advanced packaging (AP) demand for thermocompression bonding, photonics and flip-chip tools.

Surface Mount Technology (SMT) – Revenue: HK$3.87 billion, +53.10% YoY, driven by record orders for AI server board assembly. – Adjusted segment margin improved to 11.00%.

Business Drivers • AP revenue hit a record US$339.00 million, 17% higher year-on-year and now 30% of group sales. • Strong uptake of TCB, hybrid bonding and photonics solutions underpinned performance amid global AI infrastructure build-outs. • Mainstream SEMI bookings spiked in China on demand for wire and die bonders, while SMT gained from optical transceivers and electric-vehicle electronics.

Capital and Liquidity • Cash and bank deposits stood at HK$5.88 billion; net cash position was HK$3.63 billion. • Debt-to-equity ratio eased to 0.13.

Dividend • The Board declared an interim dividend of HK$0.97 per share, up from HK$0.26 a year earlier; ex-dividend date is 12 August 2026 with payment slated for 31 August 2026.

Outlook Management guides 3Q 2026 revenue between US$630 million and US$690 million, implying mid-point growth of 4.80% sequentially and 46.30% year-on-year. Bookings are expected to rise by a high single-digit percentage quarter-on-quarter, led by continued strength in TCB and photonics.

Other Developments • R&D spending reached HK$1.04 billion, maintaining a commitment to technology leadership with over 1,800 patents. • Disposal of ASMPT NEXX completed on 3 June 2026; the divested unit’s loss of HK$158.16 million was classified under discontinued operations. • Deemed disposal of subsidiary Semiconductor Wet Advanced Technology Limited resulted in a non-cash loss of HK$152.52 million.

ASMPT stresses that AI-driven semiconductor and SMT demand, coupled with recovering consumer, industrial and EV segments, positions the group for continued revenue expansion across both business units in 2026.