ASM Pacific Technology Limited announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2017 and second half of 2017. For the quarter, the company reported revenue of HKD 4,227,229,000 against HKD 3,520,889,000 a year ago. Profit before taxation was HKD 528,723,000 against HKD 446,773,000 a year ago. Profit for the period attributable to owners of the company was HKD 457,941,000 or HKD 1.12 diluted per share against HKD 386,641,000 or HKD 0.95 diluted per share a year ago.

For the year, the company reported revenue of HKD 17,522,713,000 against HKD 14,249,093,000 a year ago. Profit before taxation was HKD 3,274,280,000 against HKD 1,792,949,000 a year ago. Profit for the period attributable to owners of the company was HKD 2,815,473,000 or HKD 6.35 diluted per share against HKD 1,463,864,000 or HKD 3.60 diluted per share a year ago.

For the second half, the company reported group revenue of USD 1.20 billion, representing increases of 21.0% and 14.1% over the second half of 2016 and the first half of 2017, respectively. Net profit was HKD 1.32 billion and earnings per share of HKD 3.24, representing an increase of 37.6% over the same period of 2016 and a decrease of 11.1% over the first half of 2017.

For 2018, the company expects tax rate to about 15% to 16%.