SMIC Announces Unaudited 2018 Interim Results
VanEck ETF Trust (SMI)
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US:NYSE Investor Relations:
smics.com/eng/investors/ir.php
Company Research
Source: PR Newswire
SHANGHAI, Aug. 30, 2018 /PRNewswire/ -- Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981) one of the leading semiconductor foundries in the world, announces the unaudited interim results of operations of the Company and its subsidiaries for the six months ended June 30, 2018.FINANCIAL HIGHLIGHTSRevenue was US$1,721.8 million for the six months ended June 30, 2018, an increase of 11.5% from US$1,544.3 million for the six months ended June 30, 2017. Excluding the recognition of technology licensing revenue, revenue was US$1,561.3 million for the six months ended June 30, 2018, compared to US$1,544.3 million for the six months ended June 30, 2017. Gross profit was US$438.0 million for the six months ended June 30, 2018, an increase of 5.6% from US$415.0 million for the six months ended June 30, 2017. Excluding the recognition of technology licensing revenue, gross profit was $277.6 million for the six months ended June 30, 2018, compared to $415.0 milli
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