ASMPT Achieved Another Record Year in 2018

Highlights

2018

• Record Group revenue of US$2.49 billion, representingan increase of 11.6% over the preceding year
• Net profit of HK$2.21 billion, representing a decreaseof 20.9% over the preceding year and a decrease of 14.7% when the non-cash gainof HK$202.1 million in 2017 was excluded
• Earnings per share of HK$5.47
• Record Back-end equipment revenue of US$1.18 billion,representing an increase of 7.3% over 2017
• Record Materials revenue of US$287.8 million,representing an increase of 5.2% over 2017
• Record SMT solutions revenue of US$1.03 billion,representing an increase of 19.1% over 2017
• Record new order bookings ofUS$2.57 billion, representing an increaseof 10.0% over 2017
• Book to bill ratio was 1.03
• Cash and bank deposits of HK$2.25 billion at the endof December 2018

Second Half of 2018

• Record half-year Group revenue of US$1.27 billion,representing increases of 6.4% and 3.3% over the second half of 2017 and thefirst half of 2018, respectively
• Net profit of HK$814.3 million and earnings per share ofHK$2.01, representing decreases of 38.1% and 41.7% over the second half of 2017and the first half of 2018, respectively
• Half-year Back-end equipment revenue of US$536.2million, representing decreases of 0.2% and 16.9% over the second half of 2017and the first half of 2018, respectively
• Half-year Materials revenue of US$136.8 million,representing decreases of 1.5% and 9.3% over the second half of 2017 and firsthalf of 2018, respectively
• Record half-year SMT solutions revenue of US$594.3million, representing increases of 15.3% and 37.9% over the second half of 2017and the first half of 2018, respectively
• New order bookings ofUS$1.09 billion, representing an increase of 2.1% as compared with the second half of 2017 and a decrease of 26.3% over the firsthalf of 2018

Fourth Quarter of 2018

• Group revenue of US$608.9 million, representing anincrease of 12.8% over the fourth quarter of 2017 and a decrease of 7.7% overthe preceding quarter
• Net profit of HK$212.2 million and earnings per shareof HK$0.52, representing decreases of 53.2% and 64.8% over the fourth quarterof 2017 and the preceding quarter, respectively
• Group bookings decreased by 4.5% and 23.3% as comparedwith the fourth quarter of 2017 and the preceding quarterrespectively
• Backlog amounted to US$654.9 million as of end 2018, an increase of 21.6% compared with a year ago

HONGKONG, CHINA - Media OutReach - 22February 2019 - The world'sNo.1 semiconductor assembly and packaging solutions supplier ASM Pacific Technology Limited ("ASMPT" / the "Group") (Stock code: 0522) today announced its annual results forthe year ended 31 December 2018. Building on the momentum and achievements of the past twoyears, 2018 was yet another solid year for the Group. Both Group booking and billingattained new records. Group revenue grew 11.6% year-on-year to US$2.49 billion.Group revenue has in fact, consecutively set new records over the past threeyears.

ASMPT reporteda revenue of HK$19.55 billion in the year ended 31 December, 2018, representing an increase of 11.6% ascompared with HK$17.52 billion in the previous year. The Group's consolidated profit after taxation for the year was HK$2.21 billion,which was 20.9% lower than the previous year. Basic earnings per share for the yearamounted to HK$5.47 (2017: HK$6.90). Gross margin of the Group was 38.0%.

The Boardof Directors recommends a final dividend of HK$1.40 (2017: final dividend ofHK$1.30) per share. The total dividend payout for 2018 is HK$2.70 (2017: HK$2.50)per share, with a payout ratio of 49.4%.

Group bookings grew 10.0% year-on-year to US$2.57billion in 2018, setting a new record. Book-to-bill ratio was 1.03. Backlog asof end of the year was US$654.9 million, which was a growth of 21.6%year-on-year. Booking of both the Back-end Equipment Segment and the SMTSolutions Segment achieved year-on-year double-digit growth rates with bookingof the SMT Solutions Segment having attained a new record.

Mr. Lee Wai Kwong,Chief Executive Officer of ASMPT, said, "Thestrong performance of the Group was largely driven by the strong demand ofIC/Discrete equipment, lead frames and SMT solutions. All the three businesssegments achieved new revenue records in both 2017 and 2018.  Also, we are pleased to see good progress frombusinesses that it had acquired over the past few years as the SMT SolutionsSegment and ALSI continued to deliver outstanding results. The SMT SolutionsSegment saw its revenue exceeded US$1 billion in 2018, with a record segmentprofit of HK$1.27 billion. ALSI, the laser business that was acquired in 2014,achieved a new record in revenue in 2018 that was around fivefold that of 2014."

ASMPT'sBack-end Equipment Segment attainedconsecutive new billing records in 2017 and 2018. In 2018, revenue of ourBack-end equipment business grew 7.3% to US$1.18 billion, contributing 47.4% ofthe Group's total revenue. The segment continued to retain the No. 1 positionin the global market, a position it first attained in 2002.  In fact, over the past 17 years, the Grouphad lost the No. 1 position only once - in 2012.  It further widened the revenue gap with its closestrival.

The IC/discrete market led the growthof ASMPT's Back-end equipment business in the year. It was the largest marketby revenue for the segment and delivered a year-on-year growth of over 24% in2018. Automotive electronics, IoT (Internet of Things), powermanagement, radio frequency (RF) filters and Advanced Packaging were thedrivers of growth in this market segment.

Artificial intelligence (AI) is widely expectedto experience fast growth and will boost the semiconductor industry and theworld GDP, the Group's TCB (Thermo-Compression Bonding) solution is now widelyadopted by many customers for their development and production of advancedlogic chips. It is also working with customers to develop the next-generationproduction process for HBM (high bandwidth memory).

ForAdvanced Packaging, the acquisition of the ASM NEXX business in the fourthquarter further strengthened the Group's position in Advanced Packaging asevident in its significant contribution to the booking of our Back-endEquipment Segment in the last quarter of 2018. The Group is confident that its investment inAdvanced Packaging over the past few years has put ASMPT well ahead of itspeers and anticipates that contribution from Advanced Packaging will furtherincrease in 2019, helping the Group to sail through industry low cycles like theone that has been expected for 2019 by many industry analysts and participants.

In summary, the Group believes that ithas put in place a right product and technology portfolio to take advantage ofthe continuous technology transition and to capture the new growthopportunities for this segment.

In 2018, the SMT Solutions Segment did exceptionallywell. The segment achieved new records in billing, booking and segment profitconsecutively for the past two years. In 2018, its revenue grew 19.1% to US$1.03billion, contributing 41.1% to the Group's revenue.

During the second half of the year, revenue of ASMPT'sSMT Solutions Segment amounted to US$594.3 million, representing growths of 15.3%and 37.9% compared with the same period in 2017 and the preceding six months,respectively, which is a new record.

In the fourth quarter, the Segment set yet another new revenuerecord with an amount of US$315.5 million, representing growths of 40.3% and 12.9%against the same period of the previous year and the preceding quarter,respectively. Booking of the SMT Solutions Segment grew 16.7% in 2018 to US$1.07billion, attaining yet another new record.

Tremendous demand for automotiveelectronics, industrial and IoT contributed to the strong growth of the Group'sSMT Solutions business. The Group also expanded its market share in the supplychain for China branded smartphones and made a significant penetration into theIndia market. Industry 4.0 is yet another huge business growth opportunity forour SMT Solutions Segment as customers are looking for smart factory solutions.

ASMPT's Materials Segment continued toset new billing records in 2018. Both revenue for the year and revenue for thefirst half of the year attained new records. Revenue of the segment amounted toUS$287.8 million, representing a growth of 5.2% from the previous year.

"While the first three quarters of 2018 had been strong, the Groupended the year with some uncertainties ahead. Both indicators, booking of leadframes and Group booking in the fourth quarter, pointed to a possible slowdownof the market in 2019.

About ASM Pacific Technology Limited

As a global technologyand market leader, ASMPT (HKEX stock code: 0522), develops and provides leadingedge solutions in surface mount technology, equipment and materials for thesemiconductor assembly and packaging industries. Its surface mount technologysolutions are deployed in a wide range of end-user markets includingelectronics, mobile communications, automotive, industrial and LED. Ourcontinuous investment in research and development help to provide our customerswith innovative and cost-efficient solutions and systems that enable them toachieve higher productivity, greater reliability and enhanced quality.

Listedon the Hong Kong Stock Exchange since 1989, ASMPT is currently one of theconstituent stocks on the Hang Seng Composite MidCap Index under the Hang SengComposite Size Indexes, the Hang Seng Composite Information Technology IndustryIndex under Hang Seng Composite Industry Indexes, the Hang Seng Hong Kong 35Index and the Hang Seng Global Composite Index. To learn more about ASMPT,please visit our website at www.asmpacific.com.

(N.B.: Enclosed please find theConsolidated Statement of Profit or Loss, Consolidated Statement of Profit or Loss and Other Comprehensive Income and Consolidated Statement ofFinancial Position of ASM Pacific Technology Limited.)