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<Results>SMIC 1Q NP Up 5% YoY to US$197M
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SMIC (00981.HK) announced its consolidated operating results for the first quarter ended March 31, 2026. Revenue was US$2.51 billion, up 11.5% YoY. Gross profit was US$504 million, down 0.4% YoY, with a gross margin of 20.1% (vs the gross margin for the previous quarter of 19.2%, and the gross margin for the same period last year of 22.5%). Profit for the period attributable to owners of the Company increased by 5% YoY to US$197 million. AASTOCKS Financial News |
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