BRIEF-Asm Pacific Technology says Q1 net profit increased 470%

April 21 (Reuters) - Asm Pacific Technology Ltd

* Q1 group revenue $484.7 million, up 31.4 percent

* Q1 net profit of HK$729.2 million, up 470%

* Expect bookings in Q2 to remain at a similar level as Q1

* Expect group bookings in Q2 to achieve a strong double

digit percentage growth year-on-year

* Expect gross margin of group to continue to improve during

second quarter this year

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