HK-listed ASMPT hits one-month low on weak Q2 results

ASMPT

26/07/2023 04:01

** Shares of ASMPT Ltd  0522.HK  fall as much as 7.4% to
HK$74, their lowest since June 28
    ** The manufacturer of machines and tools used in
semiconductor and electronic assembly industries says its Q2 net
profit dropped 66% YoY to HK$307.9 mln ($39.4 mln)
    ** Revenue fell 25% YoY to HK$3.9 bln ($499.45 mln)
    ** Company sees Q3 revenue at $410-$480 mln
    ** Hang Seng Commerce & Industry Index  .HSNC  falls 0.7%
and Hang Seng Composite Index tracking industrials  .HSCIIG 
slips 0.2%
    ** Hang Seng Composite Index  .HSCI  and Hang Seng Index
 .HSI  both ease 0.5%
 
 ($1 = 7.8086 Hong Kong dollars)

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))