ASMPT (00522) shares surged 5.15% in intraday trading on Wednesday, following the release of its first-half 2025 financial results and a positive outlook for the third quarter. The semiconductor equipment manufacturer demonstrated resilience in a challenging market environment, maintaining steady revenue and a strong gross margin.
For the first half of 2025, ASMPT reported a net income of HKD 216.9 million, with basic earnings per share of HKD 0.52. While this represents a decrease from the previous year, the company's revenue remained stable at HKD 6,530 million, and it achieved an impressive gross margin of 40.3%. In a show of confidence, the board declared an interim dividend of HK$0.26 per share.
Investors were particularly encouraged by ASMPT's forward-looking statements. The company forecasts third-quarter revenue between US$445 million and US$505 million, signaling potential growth. Additionally, ASMPT noted that while it has not experienced negative impacts from current tariff policies, it remains vigilant about potential uncertainties in the global trade environment. This cautious optimism appears to have resonated well with the market, contributing to the stock's significant rise.