Summary by Moomoo AI
ASMPT Limited (“ASMPT”) has announced its annual results for the year ended 31 December 2023. Affected by the global macroeconomic downturn, the Group's sales revenue fell 24.1% to HK$147.0 billion and total new orders fell 33.5% to HK$122.6 billion. Gross margin and operating margin declined by 186 points and 920 points, respectively. Full-year profit fell sharply by 72.8% to HK$7.12 billion and basic earnings per share were HK$1.73. Despite the challenges, ASMPT remained stable in total new orders in the advanced packaging, automotive and industrial markets, accounting for approximately 60% of total new orders. The Group's sales revenue forecast for the first quarter of 2024 is between $3.7 billion and $4.3 billion, down 20.0% year-on-year and 8.1% quarter-on-quarter. Mr. Huang Zida, Chief Executive Officer of ASMPT...Show More