August 11, 2025 – Taipei, Taiwan
ASE Technology Holding Co. (TWSE: 3711) announced that its consolidated revenue for July 2025 reached NT$51.542 billion, marking a 4.1% increase from June and ranking as the company’s third-highest July performance on record. Compared to the same month last year, revenue was down slightly by 0.1%.
For the first seven months of 2025, ASE recorded NT$350.445 billion in total revenue, representing a 7.95% year-on-year increase. Market analysts project that the company’s consolidated revenue for the current quarter will grow by a mid-single-digit percentage compared with the previous quarter.
Breaking down July’s performance, revenue from packaging, testing, and materials reached NT$31.783 billion, up 3.6% month-over-month and 15.8% year-over-year. In U.S. dollar terms, ASE posted US$1.091 billion in July revenue, a 6.0% increase from June and 29.0% higher than last year.
ASE attributed the solid growth in the second quarter to robust demand for advanced packaging and testing (ETP), which pushed capacity utilization to maximum levels. However, the company noted that exchange rate fluctuations reduced gross profit margins more than expected. Looking ahead to the third quarter, ASE forecasts a 6–8% quarter-on-quarter increase in NT-dollar revenue but warns that exchange rate pressures and higher early-stage R&D and production costs will likely keep gross profit margins around 21%, below the long-term goal of 25–29%.
The company also anticipates that demand for advanced packaging and testing will remain strong into 2026, with capital expenditures rising to US$3 billion this year to support capacity expansion. The additional equipment coming online in the second half of 2025 is expected to drive revenue growth next year. ASE believes that once exchange rate and cost pressures ease, its packaging and testing margins could return to the 25–29% range by late 2026, potentially boosting earnings per share to above one share capital.
