ASMVF - ASMPT Limited (ASMVF) Q1 2025 Earnings Call Transcript
2025-04-30 17:13:02 ET
ASMPT Limited (ASMVF)
Q1 2025 Conference Call
April 29, 2025 08:30 PM ET
Company Participants
Justin Tham - Vice President and Chief Financial Officer
Robin Ng - Group Chief Executive Officer and Executive Director
Katie Xu - Executive Vice President and Group Chief Financial Officer
Conference Call Participants
Donnie Teng - Nomura
Sunny Lin - UBS
Gokul Hariharan - JPMorgan
Kyna Wong - Credit Suisse
Kevin Chen - Citi
Presentation
Justin Tham
Good morning, and good evening, ladies and gentlemen. This is Justin Tham, and I will be moderating today's call. On behalf of ASMPT Limited, welcome to our First Quarter 2025 Investor Conference Call. Thank you for your interest and continued support. Please note that all participants will be in listen-only mode during the presentation [Operator Instructions] Before we start, let me go through our disclaimer.
Please note that there may be forward-looking statements about the company's business and finances during this call. Such forward-looking statements could involve known and unknown uncertainties and risks that could cause actual results, performance and events to differ materially from those expressed or implied during this conference call. For your reference, the investor relations presentation for our recent results is available on our website.
On today's call, we have the Group Chief Executive Officer, Mr. Robin Ng; and the Group Chief Financial Officer, Ms. Katie Xu. Robin will cover the group's highlights, outlook and next quarter's guidance, while Katie will provide details on the financial performance. Now I will hand over to our Group Chief Executive Officer, Robin. Robin?
Robin Ng
Thank you, Justin. Good morning and good evening to everyone today. It is a pleasure to have you all on our earnings conference call for the first quarter of 2025. Now let's start with the key highlights of the first quarter. We achieved group revenue of USD 401.5 million, which met the midpoint of revenue guidance.
The group's Advanced Packaging Solutions continued to be a major beneficiary of AI adoption. AP Solutions continued to deliver strong performance led by our Thermal Compression Bonding or TCB tools. The group completed the delivery of the bulk TCB order to the leading memory maker and these solutions are mainly used for HBM3E 12-high high-volume manufacturing. This quarter, the group expanded its TCB HBM customer base. We won initial orders from another global HBM customer, which has been followed by further orders in April 2025....
ASMPT Limited (ASMVF) Q1 2025 Earnings Call Transcript