BUZZ-HK-listed ASMPT rises most in 6 weeks as Q1 profit jumps on quarter

Reuters04-24

** Shares of ASMPT Ltd surge 8.9% to HK$104.20, on track for the biggest one-day pct rise since March 12

** Stock hit the highest since April 18 on the second session of gain; seventh biggest pct gainer in Hang Seng Composite Index

** The manufacturer of machines and tools used in semiconductor and electronic assembly industries says Q1 net profit jumped 134.5% Q/Q to HK$177.5 mln ($22.66 mln), while revenue fell 7.8% Q/Q to HK$3.14 bln

** Revenue guidance for Q2 at $380 mln to $440 mln - Co

** Hang Seng Commerce & Industry Index rises 2%, Hang Seng Composite Index climbs 1.6% and Hang Seng Index adds 0.7%

** Stock up 38.1% YTD

($1 = 7.8342 Hong Kong dollars)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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