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Domestic chip a brother stock flash collapse 11 will release Q1 financial results

via:快科技     time:2023/5/9 16:02:52     readed:280

On May 9, China's largest and most advanced contract chip manufacturer, Semiconductor Manufacturing International, saw its share price plummet by 10%, and its H-share price fell by around 8%. Many other semiconductor companies also saw their share prices fall sharply.

Smic did not respond to a request for comment by press time.

The company previously said it would report 2023 Q1 earnings on May 11,The company had previously forecast a low-digit year-on-year decline in revenue for the full year 2023, with a gross margin of around 20%

Depreciation is up more than 20% year on year, and capital expenditure is roughly flat compared with the previous year; By the end of the year, the monthly capacity increase was similar to that of the previous year.

On the evening of March 28, SMIC released its 2022 annual report, achieving the strongest annual performance in history, with revenue of 49.516 billion yuan, up 39% year on year; Net profit attributable to shareholders of the listed company was approximately 12.133 billion yuan, an increase of 13% year-on-year.

In dollar terms, SMIC reported revenues of $7.2bn last year, up 34 per cent from the previous year, gross margins increased to 38 per cent and net income attributable to shareholders of listed companies topped $1.8bn, both record highs.

国产芯片一哥中芯国际股价闪崩 11日将发布Q1财报

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