ASMPT Ltd
00522: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| D^# | LOCK|tf>DJ | LOCK|x^!lZLC> |
ASMPT Earnings: More Advanced Packaging Orders, but Temporarily Weak Margins
ASMPT posted 9.5% growth in third-quarter revenue, with bookings up 14% year over year and guidance for 14% year-on-year growth in fourth-quarter revenue. However, third-quarter profit was hit by a HKD 355 million factory closure and a HKD 74 million inventory write-down.
