香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份 內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 ASMPT LIMITED 建議交易 出售資產 建議交易及訂立資產購買協議 ASMPT Limited（「本公司」）建議通過AHKH（定義見下文，本公司全資附屬公司） 向A股上市公司（定義見下文）出售其於先進封裝材料國際有限公司（「目標公司」） 的全部股份，對價為A股上市公司將發行的新股，餘下對價以現金支付（「建議交 易」）。 於建議交易及募集配套資金（定義見下文）完成後，AHKH將持有A股上市公司不少 於20%的股份。 於二零二四年十月二十三日，AHKH與A股上市公司及A股上市公司控股股東就建議 交易訂立資產購買協議（「資產購買協議」）。 資產購買協議的主要條款 日期 二零二四年十月二十三日 （於開曼群島註冊成立之有限公司） （股份代號：0522） 公告 - 1 - 訂約方 各方均為訂約方，統稱訂約方。 建議交易 建議交易主要包括以下部分： 倘上述交易方案的任何部分因未能獲得任何必要批准（包括但不限於 ...

Financial Performance - For the six months ended June 30, 2024, ASMPT reported sales revenue of HKD 6.48 billion (USD 829 million), a decrease of 17.1% year-on-year and 5.8% half-on-half[8]. - The adjusted profit for the first half of 2024 was HKD 315 million, down 49.5% year-on-year but up 158.1% half-on-half[5]. - The gross profit margin for the second quarter of 2024 was 40.0%, down 6 basis points year-on-year and 184 basis points quarter-on-quarter[5]. - The total new orders for the second quarter of 2024 amounted to HKD 3.12 billion (USD 399 million), an increase of 3.5% year-on-year but a decrease of 2.4% quarter-on-quarter[5]. - The company declared an interim dividend of HKD 0.35 per share, down 42.6% from HKD 0.61 in 2023[9]. - As of June 30, 2024, the total backlog of orders was HKD 6.40 billion (USD 820 million)[5]. - The basic earnings per share for the first half of 2024 was HKD 0.76, a decrease of 50.0% year-on-year but an increase of 245.5% half-on-half[8]. - The operating profit margin for the first half of 2024 was 5.8%, down 512 basis points year-on-year but up 212 basis points half-on-half[5]. - The company expects revenue for the third quarter of 2024 to be between USD 370 million and USD 430 million, representing a year-on-year decrease of 9.9%[5]. Market Segments - In the first half of 2024, the group's advanced packaging solutions contributed approximately 25% of total sales revenue, amounting to about $210 million, driven by strong demand from generative AI and high-performance computing applications[12]. - The automotive sector accounted for approximately 24% of total sales revenue, contributing about $200 million, despite a slowdown in the automotive market[15]. - The communication market was the second-largest source of revenue, accounting for about 17%, with growth driven by high-end smartphones and photonic applications[17]. - The total new order amount for advanced packaging solutions saw significant growth both year-on-year and half-on-half, with TCB solutions leading the revenue contributions[12]. Research and Development - Research and development expenses for the first half of 2024 were HKD 993 million, slightly down from HKD 1.00 billion in the same period last year[7]. - The group plans to invest approximately HKD 250 million in additional operational expenditures for R&D in 2024, focusing on strategic areas including infrastructure[25]. - The group has submitted over 2,000 patents and patent applications to date, reflecting its commitment to innovation[25]. Financial Position - The group’s cash and bank deposits totaled HKD 5.44 billion, while bank borrowings stood at HKD 2.53 billion, indicating a solid liquidity position[18]. - As of June 30, 2024, the group's cash and bank deposits amounted to HKD 5.44 billion, an increase from HKD 4.80 billion as of December 31, 2023[26]. - The group's capital investments for the first half of 2024 totaled HKD 182 million, supported entirely by operational cash flow[26]. - The group’s debt-to-equity ratio increased to 0.163 as of June 30, 2024, from 0.127 as of December 31, 2023[26]. Employee and Management - The total employee cost for the first half of 2024 was HKD 2.53 billion, compared to HKD 2.49 billion in the same period of 2023[29]. - As of June 30, 2024, the group employed approximately 10,800 staff, excluding 800 flexible and outsourced employees[29]. - The remuneration for directors and other key management personnel during the period amounted to HKD 33,267,000, an increase from HKD 31,865,000 for the six months ended June 30, 2023[84]. Shareholder Information - The company declared an interim dividend of HKD 783,758 for the previous year, which was paid out during the current period[46]. - The total dividend declared for the six months ended June 30, 2024, was HKD 322.3 million, down from HKD 783.8 million in the same period last year, representing a decrease of 58.8%[63]. - The company has proposed a special dividend for the year 2023, reflecting its commitment to returning value to shareholders[40]. Acquisitions and Investments - The acquisition of Beijing Borui Advanced Technology Co., Ltd. was completed on April 28, 2023, for RMB 23,500,000 (approximately HKD 26,844,000)[86]. - The acquisition of Soft Rock Technologies Sdn. Bhd. was completed on February 16, 2023, for MYR 7,044,000 (approximately HKD 12,921,000)[86]. - The acquisition of Tech Rewards Solutions, S. de R.L. de C.V. was completed on July 4, 2023, for MXN 25,682,000 (approximately HKD 11,756,000)[86]. Corporate Governance - The company has complied with all provisions of the Corporate Governance Code as of June 30, 2024[103]. - The audit committee consists of four independent non-executive directors and one non-executive director with extensive experience in auditing, legal matters, and corporate governance[104]. - The company has adopted the standard code of corporate governance and confirmed compliance by all directors for the six months ending June 30, 2024[103].

Financial Data and Key Metrics Changes - Group revenue for the first half of 2024 was HK$828.7 million, down 17.1% year-on-year and 5.8% half-on-half due to declines in both SEMI and SMT segments [68][66] - Adjusted net profit was HK$314.6 million, down 49.5% year-on-year but increased 158.1% half-on-half [39] - Group gross margin improved to 40.9%, up 67 basis points year-on-year and 276 basis points half-on-half, mainly driven by SEMI's favorable product mix [40][66] Business Line Data and Key Metrics Changes - SEMI segment revenue increased to HK$212.5 million in Q2 2024, a 20.9% quarter-on-quarter increase, driven by TCB [70] - SMT segment revenue was HK$214.8 million in Q2 2024, a decline of 4.7% quarter-on-quarter due to softness in automotive and industrial markets [71] - Advanced Packaging (AP) solutions contributed approximately 25% of group revenue in the first half of 2024, up from 22% the previous year [58] Market Data and Key Metrics Changes - China's contribution to group revenue increased from 30% to 36% year-on-year, while revenue from Europe and the Americas declined [74] - Automotive applications contributed about 24% of group revenue in the first half of 2024, approximately HK$200 million [65] - The communication market accounted for about 17% of group revenue, with growth driven by high-end smartphones [44] Company Strategy and Development Direction - The company remains optimistic about the prospects of its AP business, with a focus on capitalizing on the demand for generative AI and high-performance computing [29][76] - The strategy includes navigating through different industry cycles by leveraging a broad-based portfolio that includes SEMI and SMT solutions [57] - The company is committed to enhancing shareholder value through a dividend policy of 50% of earnings and is considering share buybacks [46][17] Management's Comments on Operating Environment and Future Outlook - Management noted that the recovery of the SEMI-mainstream business is taking longer than anticipated due to tepid consumer spending [47] - There is a positive outlook for the AP business, with expectations of increased demand driven by AI architecture [62] - The company anticipates revenue for Q3 2024 to be between $370 million to $430 million, reflecting a decline due to lower SMT revenue [91] Other Important Information - The group ended the first half with a backlog of about $820 million, and the book-to-bill ratio was marginally below 1 at 0.98 [67] - The company has won orders for two next-generation fluxless TCB solutions, indicating strong recognition of its technology [31][60] - The automotive market continues to be a significant contributor, despite recent softness [65] Q&A Session All Questions and Answers Question: Impact of geopolitical tensions on sales to China - Management acknowledged that geopolitical tensions could impact sales, particularly with potential restrictions on chip-making equipment to China, which accounted for 36% of total revenue [3] Question: Expectations for TCB shipments and market share - Management expressed confidence in maintaining market share for fluxless TCB tools, with shipments expected to begin in the second half of 2024 [80][81] Question: Recovery pace for SEMI and SMT in Q3 - Management indicated that SEMI bookings are expected to be flattish with an upside bias, while SMT continues to face headwinds due to market softness [104][106] Question: Trends in TCB shipments and customer engagement - Management noted that TCB shipments are expected to increase significantly in 2025, driven by demand for AI architecture [128]

Financial Performance - For the six months ended June 30, 2024, the sales revenue was HKD 6.48 billion (USD 829 million), a decrease of 17.1% year-on-year and 5.8% half-on-half[4]. - The net profit for the same period was HKD 314 million, down 49.6% year-on-year but up 255.2% half-on-half[4]. - The basic earnings per share for the first half of 2024 was HKD 0.76, a decrease of 50.0% year-on-year but an increase of 245.5% half-on-half[4]. - The gross margin for the first half of 2024 was 40.9%, an increase of 67 basis points year-on-year and 276 basis points half-on-half[3]. - The total new orders for the first half of 2024 amounted to HKD 6.32 billion (USD 809 million), a decrease of 3.6% year-on-year but an increase of 11.0% half-on-half[3]. - The forecasted sales revenue for the third quarter of 2024 is expected to be between USD 370 million and USD 430 million, representing a year-on-year decrease of 9.9% and a quarter-on-quarter decrease of 6.4%[3]. - The company declared an interim dividend of HKD 0.35 per share, down 42.6% from HKD 0.61 in 2023[5]. - The group’s basic earnings per share for the six months ended June 30, 2024, were HKD 0.76, compared to HKD 1.52 in the same period of 2023[28]. Segment Performance - The advanced packaging solutions segment showed strong momentum, contributing a higher percentage to the total new orders in the first half of 2024[6]. - The semiconductor solutions segment experienced a mixed performance, with increased customer inquiries but still showing scattered order patterns[6]. - Advanced packaging solutions accounted for approximately 25% of total sales revenue in the first half of 2024, amounting to about $210 million, driven by demand from generative AI and high-performance computing applications[7]. - Automotive applications contributed the highest proportion to total sales revenue at approximately 24% or $200 million in the first half of 2024, despite a slowdown in the automotive market[10]. - The photonics solutions segment received significant orders in the first half of 2024, driven by strong growth in optical transceivers to meet the demands of generative AI and 5G networks, with a projected CAGR of 31% from 2024 to 2028[9]. Order and Revenue Trends - The total backlog as of June 30, 2024, was HKD 6.40 billion (USD 820 million)[3]. - The total new order amount for advanced packaging solutions in the first half of 2024 showed significant year-on-year and half-year growth, with TCB solutions continuing to gain momentum in Q2 2024[7]. - The group’s sales revenue for Q2 2024 was HKD 3.34 billion (USD 427 million), representing a quarterly growth of 6.5% driven by the semiconductor solutions segment[14]. - The total new orders amounted to HKD 3.12 billion (USD 399 million), a slight quarterly decline of 2.4%, but an annual increase of 3.5%[14]. - The semiconductor solutions segment's sales revenue grew 20.9% quarter-over-quarter to HKD 1.66 billion (USD 213 million), driven by various business units[15]. - The semiconductor solutions segment's new orders increased 11.6% quarter-over-quarter to HKD 1.74 billion (USD 222 million), with a year-over-year growth of 36.7%[16]. Financial Position and Liquidity - The company maintained a strong liquidity position with total cash and bank deposits of HKD 5.44 billion and bank borrowings of HKD 2.53 billion as of June 30, 2024[13]. - As of June 30, 2024, the group's cash and bank deposits totaled HKD 5.44 billion (USD 688 million), an increase from HKD 4.80 billion as of December 31, 2023[21]. - As of June 30, 2024, the group’s unsecured bank borrowings amounted to HKD 2.5 billion, an increase from HKD 2.0 billion as of December 31, 2023[23]. - The group’s cash holdings are primarily in USD, EUR, and RMB, with hedging contracts established to mitigate foreign exchange risks[23]. Employee and Operational Insights - The group’s total employee cost for the first half of 2024 was HKD 2.53 billion, compared to HKD 2.49 billion in the same period of 2023[26]. - The group employed approximately 10,800 staff as of June 30, 2024, with a significant presence in China and Singapore[26]. - The group has implemented a global human resources information system (HRIS) to enhance operational efficiency across all locations[26]. Research and Development - The group plans to invest approximately HKD 250 million in R&D in 2024, maintaining a commitment to innovation and technology advancement[20]. - Research and development expenses for the six months ended June 30, 2024, were HKD 993.2 million, slightly down from HKD 999.9 million in the same period of 2023[27]. Corporate Governance - The company has adhered to all provisions of the corporate governance code as of June 30, 2024[62]. - The audit committee consists of four independent non-executive directors and one non-executive director, all with extensive experience in auditing and regulatory matters[63]. - The board of directors includes a diverse group of independent and non-executive members, ensuring a broad range of expertise[65]. Tax and Financial Expenses - The income tax expense for the six months ended June 30, 2024, was HKD 140,730, compared to HKD 255,993 for the same period in 2023[46]. - Total financial expenses for the six months ended June 30, 2024, were HKD 105,544, up from HKD 78,246 in the previous year[45].

Financial Data and Key Metrics Changes - ASMPT reported Q1 2024 revenue of US$401.4 million, down 7.8% quarter-on-quarter due to declines in both SEMI and SMT segments, with SEMI experiencing a steeper decline due to the prolonged semiconductor down cycle [18][15] - Adjusted net profit for Q1 was HK$177.5 million, an increase of 132.1% quarter-on-quarter, and adjusted earnings per share rose by 138.9% to HK$0.43 [17] - Group gross margin slightly declined by 40 basis points quarter-on-quarter to 41.9%, primarily due to lower gross margin in SMT, but remained relatively high compared to previous quarters [19][15] Business Line Data and Key Metrics Changes - SEMI segment revenue was US$175.8 million, down 13.7% quarter-on-quarter, with declines attributed to industry weakness in deposition tools [20] - SMT segment revenue was US$225.5 million, a marginal decline of 2.6% quarter-on-quarter, contributing about 56% of Group revenue, driven mainly by automotive and industrial applications [24] - SEMI bookings grew 25.1% quarter-on-quarter to US$199 million, while SMT bookings increased 10.1% to US$210.3 million, driven by advanced packaging and automotive applications [22][24] Market Data and Key Metrics Changes - The automotive applications continued to form the highest proportion of overall Group revenue, with SMT's automotive application revenue growing despite overall market softness [5] - Group bookings increased by 17% quarter-on-quarter to US$409.3 million, supported by strong demand for advanced packaging solutions [18][16] - The Group's backlog remained stable at approximately US$849 million at the end of Q1 [16] Company Strategy and Development Direction - ASMPT remains optimistic about long-term growth prospects, supported by structural trends in automotive electrification, smart factories, green infrastructure, 5G, IoT, and AI [28] - The company is investing an additional HK$250 million in R&D and infrastructure for 2024, with projects on track to intensify throughout the year [20] - Advanced packaging solutions are highlighted as having the highest growth potential, with the company positioned to capitalize on increasing demand from generative AI and high-performance computing customers [9][28] Management's Comments on Operating Environment and Future Outlook - The macroeconomic environment presents challenges, including a slow recovery in the Chinese economy, geopolitical conflicts, and inflationary pressures affecting consumer sentiment and electronics demand [4] - Management noted that while the SEMI segment is facing a prolonged down cycle, the SMT segment is stabilizing, providing some resilience to the Group's overall performance [15][5] - The company expects Q2 2024 revenue to be between US$380 million to US$440 million, indicating a decline of 17.6% year-on-year but a slight increase of 2.2% quarter-on-quarter [26] Other Important Information - The Group's advanced packaging solutions, particularly thermal compression bonding (TCB), are expected to see increased orders driven by generative AI applications [10][12] - The company has begun shipping next-generation TCB tools for chip-to-substrate applications and anticipates further orders in the coming quarters [10][52] Q&A Session Summary Question: TCB order momentum and shipment expectations - Management indicated that TCB order momentum has improved, with shipments to leading foundry customers already initiated, and they expect continued acceleration in TCB adoption [32][33] Question: HBM adoption and market share dynamics - Management expressed optimism regarding HBM adoption for TCB, noting that TCB tools are superior to mass reflow tools in terms of accuracy and handling capabilities, with expectations for increased market share as HBM applications grow [35][39] Question: Booking trends for Q2 and recovery expectations - Management expects Q2 bookings to be flattish on a quarter-on-quarter basis, with year-on-year increases anticipated, particularly from the SEMI segment [46][47] Question: Chip-to-wafer TCB progress and order flow - Management confirmed that demo tools for chip-to-wafer applications have been delivered to a leading foundry, with expectations for concrete orders in the latter part of 2024 or early 2025 [52][53] Question: Gross margin trends and future expectations - Management clarified that while Q1 gross margins were impacted by one-off sales from previously provisioned inventory, they expect margins to improve as advanced packaging contributions increase over time [76][78]

ASMPT digital world Q1 2024 Results Presentation 24 April 2024 Disclaimer The information contained in this presentation is provided for informational purpose only and should not be relied upon for the purpose of making any investment or for any other purpose. Some of the information used in preparing this presentation was obtained from third parties or public sources. The information contained in this presentation has not been independently verified. No representation or warranty, expressed or implied, is ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該 等內容而引致的任何損失承擔任何責任。 ASMPT LIMITED (於開曼群島註冊成立之有限公司) (股份代號: 0522) 截至二零二四年三月三十一日止三個月之 二零二四年第一季度未經審核業績公布 訂單對付運比率高於一 先進封裝推動新增訂單總額按季增長 集團財務概要: 二零二四年第一季度 非香港財務報告準則計量1 二零二四年第二季度銷售收入預測 ASMPT Limited 董事會欣然宣布集團截至二零二四年三月三十一日止三個月之未經審核業績如 下： 業績摘要 ASMPT Limited 及其附屬公司 (「集團」或「ASMPT」) 於截至二零二四年三月三十一日止三個月 (「二零二四年第一季度」)錄得銷售收入為港幣31.4億元(4.01億美元)，按年減少19.9%。集團於 二零二四年第一季度綜合除稅後盈利為港幣1.77億元，去年度同期盈利則為港幣3.15億元。二零 二四年第一季度的每股基本盈利為港幣0.43元，而二零二三年第一季度的每股基本盈利 ...

Financial Performance - The company reported a revenue of 122.6 million, representing a decrease of 33.5% year-over-year[11]. - The gross margin for the period was 39.3%, down 72.8% compared to the previous year[11]. - Total revenue for the period was $14,697,489, a decrease from $19,363,495 in the previous period, representing a decline of approximately 24.5%[14]. - The net loss for the period was $(8,923,861), compared to a loss of $(11,397,547) in the previous period, indicating an improvement of about 21.7%[14]. - Operating income was $5,773,628, up from $7,965,948, reflecting a decrease of approximately 27.5%[14]. - ASMPT reported a revenue of $1.2 billion for Q2 2023, reflecting a 15% year-over-year increase[18]. - The company reported a significant increase in user engagement metrics, with a 37.0% rise in active users compared to the previous period[17]. - ASMPT Limited reported a revenue of $147.0 million, representing a 24.1% increase year-over-year[25]. - The company achieved a gross margin of 72.8%, with a net income of $7.45 million, reflecting a significant growth in profitability[25]. - ASMPT Limited reported a revenue of 1,493.1 million, down 8.7% year-over-year, with a net income of 6,919.3 million, down 27.7%[38]. - The company reported a revenue of 48.0 million, representing a 10.4% increase compared to the previous period[43]. - ASMPT Limited reported a revenue of 1.2 billion for the last quarter, representing a year-over-year increase of 15%[57]. - The company reported a revenue of 1.5 billion, reflecting a year-over-year growth of 32%[140]. - ASMPT LIMITED reported a revenue increase of 12% year-over-year, reaching $1.2 billion for the quarter[152]. User Engagement - User data shows a significant decline in engagement, with a drop of 71.4% in active users[12]. - User data indicated a 20% increase in active users across their platforms, reaching 2 million[19]. - User data showed a growth of 37% in active users, with a 10% increase in user engagement metrics[34]. - User data indicated a total of 711,501 compared to 2,618,067 in the previous period, representing a decrease of about 73%[120]. - User data showed a significant increase in customer demand, with a backlog of orders growing by 40% compared to the previous quarter[26]. - User data showed a total of 2,001,100 active users, with a growth of 2% in user engagement metrics[62]. - User data indicated a 20% increase in active users, reaching a total of 5 million users[117]. - User data showed a 25% increase in active users, totaling 2 million users across its platforms[146]. Strategic Initiatives - The company is strategically positioning itself to capitalize on the growth of generative AI and high-performance computing[1]. - Future guidance indicates a focus on expanding market presence and enhancing product offerings[1]. - The company is investing in new product development and technology advancements to drive future growth[1]. - The company is exploring potential mergers and acquisitions to strengthen its market position[1]. - New strategic initiatives are being implemented to enhance customer experience and satisfaction[1]. - The company plans to pursue strategic acquisitions to enhance its technology portfolio, with a budget allocation of $500 million for potential targets[17]. - ASMPT Limited is exploring potential acquisitions to enhance its technology portfolio and market reach[43]. - The company is exploring strategic acquisitions to enhance its product portfolio and market presence, with a budget of $300 million allocated for potential deals[151]. Market Expansion - The company aims to improve operational efficiency and reduce costs in the upcoming quarters[1]. - The company is focusing on market expansion strategies, targeting a 24.1% increase in market share in key regions[17]. - ASMPT plans to expand its market presence in Asia, targeting a 25% increase in market share by the end of 2024[19]. - The company is focusing on expanding its market presence in Asia, particularly in the semiconductor sector[43]. - ASMPT Limited plans to expand its market presence in Asia, targeting a 20% increase in market share over the next fiscal year[110]. - The company plans to expand its market presence in Asia, targeting a 30% increase in market share by 2025[118]. - The company is focusing on market expansion strategies, particularly in the Asia-Pacific region, to enhance its market share[107]. Research and Development - Research and development expenses increased to $1,036,011, up from $3,412,991, highlighting a commitment to innovation despite overall revenue decline[14]. - The company is investing $100 million in R&D for new product development, focusing on 5G and 6G technologies[19]. - ASMPT Limited's R&D expenses were reported at $1.82 million, indicating a focus on innovation and product development[25]. - The company is investing in new technologies, particularly in the area of advanced packaging solutions, to enhance its competitive edge[26]. - The company is investing in new product development, particularly in advanced packaging technologies, to enhance its market position[110]. - ASMPT LIMITED is investing $200 million in R&D for new technologies aimed at enhancing production capabilities[141]. - The company is enhancing its R&D capabilities, with a budget increase of 10% allocated for the upcoming fiscal year[134]. Financial Outlook - Future guidance indicates a projected revenue growth of 10% for the next quarter, with expectations of reaching $16 billion[17]. - Future guidance indicates a cautious outlook, with expectations of continued revenue challenges in the upcoming quarters[122]. - The company provided a future outlook with a revenue guidance of $160 million in revenue for the next quarter, reflecting a positive outlook[26]. - The company provided a future outlook with a revenue guidance of 30,828,033 million, indicating a projected growth of 7.44%[60]. - The company provided guidance for the next quarter, expecting revenue to be between $16.5 billion and $17 billion, indicating a potential growth of 4% to 7%[126]. - The company provided a forward guidance of 10% revenue growth for the next quarter, projecting revenues between $1.3 billion and $1.4 billion[149]. Sustainability Initiatives - The company is prioritizing sustainability initiatives as part of its long-term strategy, aiming to reduce its carbon footprint[46]. - The company has outlined plans to increase its operational efficiency, targeting a reduction in costs by 10% over the next year[47]. - The company emphasized its commitment to sustainability, aiming for a 50% reduction in carbon emissions by 2025 as part of its corporate strategy[74]. - The company is committed to sustainability initiatives, with plans to reduce its carbon footprint by 20% over the next five years[134]. - The company is implementing a new strategy focusing on sustainability, aiming to reduce operational costs by 5% over the next year[136].

Investment Rating - The report maintains a rating of "Buy" for ASMPT, expecting a price increase of 5% to 15% relative to the industry index over the next six months [10] Core Views - The company's Q4 earnings showed a sequential recovery, driven by increased orders in advanced packaging due to AI demand [1] - The overall performance in 2023 was impacted by a decline in consumer electronics demand, particularly in personal computers and smartphones, leading to a significant drop in sales revenue [2] - The semiconductor solutions segment saw a revenue decline of 37% year-on-year, while the surface mount technology solutions segment experienced a 10% decline [2] - The automotive and advanced packaging markets are expected to grow, with the automotive market projected to increase from approximately $1.8 billion in 2024 to $2.6 billion by 2028, representing a compound annual growth rate (CAGR) of about 10% [2] Financial Summary - In 2023, ASMPT reported sales revenue of HKD 14,697 million, a decrease of 24.1% year-on-year, and a net profit of HKD 715 million, down 72.7% year-on-year [1][2] - The company’s gross margin for 2023 was 39.3%, a decline of 1.86 percentage points year-on-year, while the profit margin was 5.1%, down 8.45 percentage points year-on-year [2] - For Q4 2023, the company achieved sales revenue of HKD 3,400 million, a year-on-year decrease of 21.4%, but a sequential increase of 493.4% in profit to HKD 76 million [1][2] - The forecast for net profit for 2024 to 2026 is HKD 1,243 million, HKD 2,009 million, and HKD 2,409 million respectively, with corresponding EPS of HKD 3.00, HKD 4.85, and HKD 5.81 [5]

ASMPT digital world 2023 Annual Results Presentation 28 February 2024 Disclaimer The information contained in this presentation is provided for informational purpose only and should not be relied upon for the purpose of making any investment or for any other purpose. Some of the information used in preparing this presentation was obtained from third parties or public sources. The information contained in this presentation has not been independently verified. No representation or warranty, expressed or impli ...