ASM PACIFIC TECHNOLOGY: ASM Pacific reports an in interim net profit of HK$84.5 million for 1999.

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M2 PRESSWIRE-3 August 1999-ASM PACIFIC TECHNOLOGY: ASM Pacific reports an interim net profit of HK$84.5 million for 1999 (C)1994-99 M2 COMMUNICATIONS LTD RDATE:030899 * AB339 Successfully Penetrated Into The Korean Market * Capacity Expansion Has Been Underway To Meet Significantly Increased Orders Leading semiconductor assembly equipment and leadframe supplier ASM Pacific Technology Limited ("ASM Pacific") (Stock code: 522) today announces its interim results for the six months ended June 30, 1999.

Consolidated profit after taxation amounted to HK$84,540,000 for the period. Though it means a slight growth of 2.3 compared to the strong first half of last year, it represents a substantial improvement over the second half of last year. Since the...