SMIC Reports 2018 Annaul Results
VanEck ETF Trust (SMI)
Last vaneck etf trust earnings: 11/7 07:08 am
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US:NYSE Investor Relations:
smics.com/eng/investors/ir.php
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Source: PR Newswire
SHANGHAI, March 29, 2019 /PRNewswire/ -- Semiconductor Manufacturing International Corporation (NYSE: SMI; SEHK: 981) ("SMIC", the "Company" or "our"), one of the leading semiconductor foundries in the world announced its consolidated results of operations for the year ended December 31, 2018.Financial HighlightsRevenue was US$3,360.0 million in 2018, an increase of 8.3% from US$3,101.2 million in 2017. Excluding the recognition of technology licensing revenue, revenue increased by 3.1% from US$3,101.2 million in 2017 to US$3,196.2 million in 2018. Gross profit was US$746.7 million in 2018, compared to US$740.7 million in 2017. Gross margin was 22.2% in 2018, compared to 23.9% in 2017. Excluding the recognition of technology licensing revenue, gross margin was 18.2% in 2018, compared to 23.9% in 2017. Earnings before interest, tax, depreciation and amortization was a record high of US$1,164.4 million in 2018, compared to US$1,117.7 million in 2017, representing an increase of 4.2%. Re
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