ASE Technology Holding Co (ASX) has released an update.
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ASE Technology Holding Co., Ltd. reported a solid performance in the second quarter of 2024, with a noticeable increase in net income and a steady growth in net revenues across its ATM and EMS segments. Gross profit showed an impressive rise compared to the previous year, despite a slight decline in operating income. The company maintains a strong balance sheet with healthy cash reserves and a manageable net debt to equity ratio.
For further insights into ASX stock, check out TipRanks’ Stock Analysis page.
