ASML Reports Approximately 9.4 Trillion KRW in Q2 Sales, Up 18% from Previous Quarter

Puke CEO "This Year Marks a Turning Point with Production Expansion and Technology Investment... AI Leads Growth"

ASML, the world's only extreme ultraviolet (EUV) lithography equipment manufacturer, announced second-quarter results showing an approximately 18% increase compared to the previous quarter.

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On the 17th, ASML reported second-quarter net sales of 6.243 billion euros (approximately 9.4 trillion KRW) and net profit of 1.578 billion euros (approximately 2.4 trillion KRW). The gross profit margin exceeded expectations at 51.5%. Net sales increased by 18% and net profit rose by 28.9% compared to the previous quarter.

Second-quarter backlog sales amounted to 5.567 billion euros (approximately 8.38 trillion KRW), including 2.5 billion euros (approximately 3.8 trillion KRW) from EUV equipment. Backlog sales include total equipment sales orders and adjustments for inflation.

Christoph de Jager, ASML CEO, explained, "Due to increased sales of immersion equipment, second-quarter net sales reached the upper end of the forecast range at 6.2 billion euros, and the gross profit margin exceeded expectations at 51.5%."

He added, "Overall, semiconductor inventory levels are continuously improving," and stated, "ASML expects to increase the utilization of lithography tools among both logic (non-memory) and memory customers." He further noted, "The recovery trend is expected to continue in the second half of the year."

CEO de Jager forecasted an increase in third-quarter results. He projected third-quarter net sales of 6.7 to 7.3 billion euros (approximately 10 to 11 trillion KRW) and a gross profit margin of 50 to 51%. Expected research and development (R&D) expenses are 1.1 billion euros (approximately 1.7 trillion KRW), and selling, general and administrative expenses (SG&A) are expected to be 295 million euros (approximately 450 billion KRW).

CEO de Jager stated, "ASML views this year as a transitional period for continued investment in expanding production capacity and technology," adding, "Compared to other market sectors, the AI field is showing strong development trends, leading the industry's recovery and growth."