SMIC Records Q3 2012 Net Profit of USD 12 Mln
HKExnews, 11/05/12
Chinese semiconductor foundry Semiconductor Manufacturing International Corporation (SMIC) (NYSE: SMI, 0981.HK) has announced its financial results for the three months ended September 30, 2012. Q3 2012 revenue was USD 461.2 mln, an increase of 50.3% YoY.
Net profit attributable to the company was USD 12.0 mln, as compared to a net loss of USD 87.86 mln in Q3 2011.
The company's gross margin was 27.5% in Q3 2012, as compared to 1.4% in Q3 2011.
The company predicts that QoQ revenue for Q4 2012 will be flat to up 2%.
To view the complete report please see here.
Keywords: hardware margin profit revenue semiconductor SMI SMIC 0981.HK Q3 2012 fiscal report
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