Brief: ASM Pacific Technology Posts Qtrly Group Revenue Of Us$531.3 Million

ASMPT

31/10/2019 02:00

Oct 31 (Reuters) - ASM Pacific Technology Ltd  0522.HK :
    * QTRLY GROUP REVENUE OF US$531.3 MILLION DECREASED 19.5%
OVER
SAME PERIOD LAST YEAR
    * ON A FULL YEAR BASIS, ALL THREE BUSINESS SEGMENTS ARE
EXPECTED
TO EXPERIENCE YOY REVENUE DECLINE
    * QTRLY PROFIT ATTRIBUTABLE HK$223.3 MILLION VERSUS HK$603.4
MILLION
    * ANTICIPATE REVENUE IN Q4 19 TO BE IN REGION OF US$460
MILLION TO
US$510 MILLION
    * ASM PACIFIC TECHNOLOGY- FOR Q4 THIS YEAR, ANTICIPATE GROUP
BOOKINGS TO EXPERIENCE DOUBLE DIGIT PERCENTAGE DECLINE FROM
LEVEL IN CURRENT QUARTER
    * EXPECT GROSS MARGIN TO DECREASE SLIGHTLY QOQ DUE TO
ANTICIPATED
LOWER REVENUE

Source text for Eikon:  ID:nHKS8vlZl0 
Further company coverage:  0522.HK 

 ((Reuters.Briefs@thomsonreuters.com;))