SMIC: 2025 Quarter 1 net profit 1.356 billion yuan, an increase of 166.5%
2025-05-08 10:31:42
On May 8th, SMIC announced that the sales revenue of Quarter 1 in 2025 was 16.301 billion yuan, an increase of 29.4% year-on-year; the net profit was 1.356 billion yuan, an increase of 166.5% year-on-year. The company expects the second quarter revenue to decline by 4% to 6% month-on-month, and the gross margin guidance is 18% to 20%. The capacity utilization rate rose to 89.6% in the first quarter, an increase of 4.1 percentage points month-on-month.
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