ASMPT (00522) opened nearly 5% higher. As of press time, the stock was up 4.87% at HK$127.1, with a turnover of HK$6.737 million.
On the news front, ASMPT (00522) released its third-quarter results, recording revenue of HK$5.247 billion, up 48.7% year-on-year; total new orders of HK$8.845 billion, up 137.9% year-on-year; and a profit of HK$533 million, turning profitable from a loss a year earlier.
Fourth-quarter revenue is expected to range between US$670 million and US$730 million, with the midpoint of US$700 million representing a 4.6% increase quarter-on-quarter and a 37.5% increase year-on-year.
Benefiting from continued growth in AI infrastructure investment, one-off large orders, and extended delivery lead times prompting customers to place orders early, the group's total new orders in the third quarter of 2026 reached a record high of HK$8.85 billion. Driven by strong demand across multiple products, total new orders rose 24.7% quarter-on-quarter and 137.9% year-on-year. The group's book-to-bill ratio reached 1.69, the highest level since the first quarter of 2021.