Semiconductor Manufacturing International Corporation (00981) announced its third-quarter results, with profit attributable to shareholders of US$428 million, up 123.4% year on year.
SMIC (00981) announced its third-quarter results for the three months ended September 30, 2026. The group recorded revenue of US$3.19 billion, up 33.9% year on year; profit attributable to owners of the company was US$428 million, up 123.4% year on year; earnings per share were US$0.05.
Semiconductor Manufacturing International Corporation (00981) announced its third-quarter results for the three months ended September 30, 2026. The group achieved revenue of US$3.19 billion, up 33.9% year on year; profit attributable to owners of the company was US$428 million, up 123.4% year on year; earnings per share were US$0.05.
Revenue for the third quarter of 2026 was US$3.19 billion, up 6.1% from US$3.0056 billion in the second quarter of 2026. The increase in revenue was mainly due to higher wafer shipments in the third quarter of 2026.
Management commentary and fourth-quarter 2026 guidance
In the third quarter, the company's overall revenue reached US$3.19 billion, up 6.1% quarter on quarter; gross margin was 29.9%, up 4.6 percentage points quarter on quarter.
In the fourth quarter, revenue is expected to grow 4%-6% quarter on quarter, with gross margin guidance of 26%-28%.
The company is advancing capacity expansion guided by customer demand, building leading advantages through a high-value-added, high-quality product portfolio, enhancing operational resilience through cycles, and striving to achieve quality, sustainable growth.
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