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HONG KONG – ASMPT reported revenue of HK$4.33 billion ($553.1 million) for the fourth quarter, a decline of 5.1% from the previous quarter.

For the full year, the company saw revenue performance of HK$19.36 billion ($2.47 billion), which was an 11.8% decrease from 2021 but was still the company's second highest annual revenue. The company's SMT segment achieved record annual segment revenue, while its Automotive applications contributed a record $515 million in revenue for the year and its Advanced Packaging solutions saw $500 million in revenue.

For the first quarter, ASMPT projects revenue in the range of $455 million to $525 million.

“The group delivered a resilient performance in 2022 despite macroeconomic uncertainties,” said Mr. Robin Ng, ASMPT CEO. “Our unique broad-based portfolio continues to be a key competitive advantage for us, enabling us to mitigate industry cycles. Across our SEMI and SMT segments, our portfolio provides us with a volume-based business for mainstream and applicative tools, and the ability to drive the development of our high-growth, high-margin advanced tools, including software solutions. We believe our ability to progressively integrate and optimise our overall solutions suite is unparalleled and will continue to stand us in good stead as we thrive and compete in the market.”

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