In 2021q2, the revenue was USD 1.34 billion, with a year-on-year increase of 43.2% From SMIC international financial report

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On August 6, SMIC announced on the Hong Kong Stock Exchange last night that its sales revenue in the second quarter of 2021 was US $1.34 billion, a year-on-year increase of 43.2%. The change in revenue was mainly due to the increase in wafer sales and the increase in average selling price.

The company’s gross profit in the second quarter of 2021 was $405 million, an increase of 62.9% compared with $248.6 million in the second quarter of 2020. At the same time, the gross profit margin of the company has increased. The gross profit margin in the second quarter of 2021 was 30.1%, compared with 22.7% in the first quarter of 2021 and 26.5% in the second quarter of 2020.

Dr. Zhao Haijun and Dr. Liang Mengsong, joint chief executives of SMIC, commented: “SMIC has been moving forward in difficulties since it was included in the entity list last year. In terms of operation continuity, we actively cooperate with suppliers to ensure that our commitments to customers are realized, and the uncertainty risk of mature processes is further reduced. In terms of capacity expansion, we still push forward as planned, but uncontrollable factors such as license approval, industrial chain shortage and logistics caused by the epidemic inevitably affect the arrival time of equipment. The company will try its best to optimize the internal procurement process, speed up the production capacity installation efficiency, and strive to shorten the procurement cycle as far as possible and reach production as soon as possible（ Source: techweb (more reading: SMIC international financial report: SMIC international revenue of USD 1.1 billion and net profit of USD 158.9 million in Q1 2021 SMIC international financial report: SMIC international net profit of USD 115 million in Q3 2019, with a year-on-year increase of 333.5%; SMIC international financial report: SMIC international revenue of USD 890.7 million in Q2 2018, with a year-on-year increase of 18.6%; SMIC international financial report: SMIC international revenue of USD 1.34 billion in Q2 2021 Year on year increase of 43.2% SMIC international financial report: in the first half of 2020, the net profit of SMIC international soared by 556%. SMIC international financial report: in 2013, the net profit of Q3 reached US $42.5 million, a year-on-year increase of 254%. SMIC International’s decline expanded to 8%. The company said that the increase in depreciation would put pressure on the net profit. SMIC International: 2q20 revenue of US $938.5 million, net profit of US $138 million. SMIC International: 3q20 revenue of US $1.08 billion SMIC’s net profit of USD 256 million: in Q4 2013, SMIC’s profit was USD 14.68 million, down 69% year-on-year. Tuolong Industry Research Institute: Q2 global foundry’s revenue ranked fifth in SMIC in 2020 trendforce: Q3 top ten foundry’s revenue ranked fifth in 2020. SMIC International: 2q20 telephone conference recorded that the annual revenue target still increased by 15-20% gross profit margin Higher than last year, SMIC: SMIC ecosystem, reconstruction of “core” array (with download) trendforce: SMIC was listed as a military related enterprise by the United States, and its development will be impacted again

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