Brief: ASM Pacific Technology Says Q3 Net Profit Hk$1,003.7 Mln Up 37.1% QoQ

ASMPT

27/10/2021 02:22

Oct 27 (Reuters) - ASM Pacific Technology Ltd  0522.HK :
    * Q3 NET PROFIT HK$1,003.7 MILLION UP 37.1% QOQ
    * QTRLY REVENUE HK$6,232.7 MILLION, UP 70.1% YOY
    * Q4 2021 REVENUE TO BE BETWEEN US$720 MILLION TO US$770
MILLION
    * ESTIMATES ITS ADDRESSABLE MARKET IN AUTOMOTIVE SPACE TO
EXPAND
FROM  US$1.9 BILLION IN 2021 TO US$2.9 BILLION IN 2026
    * EXPECTS ITS ADDRESSABLE MARKET FOR AP TOOLS TO
PROGRESSIVELY
EXPAND FROM  US$1.6 BILLION IN 2021 TO US$2.7 BILLION IN 2026
    * SEMICONDUCTOR SUPPLY CHAIN BOTTLENECKS, POWER SUPPLY
CONSTRAINTS
CONTINUE TO AFFECT BROADER MARKET
    * GROUP'S FULL YEAR 2021 REVENUE ESTIMATED TO BE AROUND
US$2.8
BILLION

Source text for Eikon:  ID:nHKS798pwW 
Further company coverage:  0522.HK 

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