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SMIC International achieves a revenue of 13.17 billion Yuan in Q3

Updated:2022/11/14 16:57

SMIC International reported third-quarter revenue of 13.17 billion Yuan, up 41.9% YoY; the net profit attributable to shareholders of the listed company was 3.138 billion Yuan, up 51.1% YoY.

In the first three quarters, SMIC International achieved a revenue of 37.764 billion Yuan, up 48.8% YoY; the net profit attributable to shareholders of the listed company was 9.390 billion Yuan, up 28.3% YoY.

SMIC's CapEx was about 12.47 billion Yuan in Q3. The annual CapEx increased from about 32.05 billion Yuan to 45.6 billion Yuan this year, mainly for the advance payment of the long lend equipment. During the period, SMIC's shipment decreased slightly, but the average selling price per unit increased slightly due to the optimization of the product portfolio, and the revenue remained the same as that of the previous quarter.

 Source:C114
Tags:SMIC
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