Wire flash
SMIC's third-quarter net profit rises 87.6% year on year to 2.847 billion yuan
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
Semiconductor Manufacturing International Corporation (SMIC, 00981.HK) reported third-quarter net profit of 2.847 billion yuan, representing a year-on-year increase of 87.6%, according to a tradealpha report. The disclosure is a brief earnings update covering only the headline profit figure and its growth rate; no revenue, margin, guidance, or segment details were included in the source item. The result points to sharply higher profitability at the Chinese chip foundry compared with the same quarter a year earlier.
Source report
SMIC (00981.HK) reported a net profit of RMB 2.847 billion for the third quarter, representing a year-on-year increase of 87.6%.
Source
domestic
Part of this Story
SMIC Q3 net profit rises 87.6% to 2.847 billion yuan as revenue grows