The Zhitong Finance App learned that CCB International released a research report saying that ASMPT (00522) had strong results in the second quarter, with revenue of HK$4.94 billion higher than the upper limit of previous guidelines and market expectations. The adjusted net profit of HK$638 million from continuing operations was also significantly higher than the market and expectations. The target price was raised from HK$190 to HK$191, maintaining the “outperforming the market” rating. Supported by strong orders for the second half of the year, the bank raised the company's adjusted net profit forecast for 2026-2028 to HK$1,934 billion, HK$2,618 billion and HK$3,024 billion, respectively, to reflect strong sales and profit margin recovery.

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