SMIC Reports 35% Rise in Q3 Revenue, Lifts Capital Expenditure Plan

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SMIC Reports 35% Rise in Q3 Revenue, Lifts Capital Expenditure Plan

Reuters2022-11-10

Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) saw revenue rise 34.7% year-on-year to $1.91 billion in the third quarter, according to a market filing published on Thursday.

Gross profit was $742.2 million, up 58.6% year-on-year, and the company revised its capital expenditure plan for the year from $5 billion to $6.6 billion.

It added that it expects revenue for the full year 2022 to be around $7.3 billion, a 34% year-on-year increase.

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NPC69
·2022-11-10
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WilliamFish
·2022-11-10
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·2022-11-10
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quarter, according to a market filing published on Thursday.Gross profit was $742.2 million, up 58.6% year-on-year, and the company revised its capital expenditure plan for the year from $5 billion to $6.6 billion.It added that it expects revenue for the full year 2022 to be around $7.3 billion, a 34% year-on-year 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0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSMIC Reports 35% Rise in Q3 Revenue, Lifts Capital Expenditure Plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-11-10 20:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) saw revenue rise 34.7% year-on-year to $1.91 billion in the third quarter, according to a market filing published on Thursday.</p><p>Gross profit was $742.2 million, up 58.6% year-on-year, and the company revised its capital expenditure plan for the year from $5 billion to $6.6 billion.</p><p>It added that it expects revenue for the full year 2022 to be around $7.3 billion, a 34% year-on-year increase.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"688981":"中芯国际","00981":"中芯国际"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2282984331","content_text":"Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) saw revenue rise 34.7% year-on-year to $1.91 billion in the third quarter, according to a market filing published on Thursday.Gross profit was $742.2 million, up 58.6% year-on-year, and the company revised its capital expenditure plan for the year from $5 billion to $6.6 billion.It added that it expects revenue for the full year 2022 to be around $7.3 billion, a 34% year-on-year increase.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104744457,"gmtCreate":1668087646093,"gmtModify":1668087659579,"authorId":3584440700668924,"author":{"id":3584440700668924,"idStr":"3584440700668924","authorId":3584440700668924,"name":"WilliamFish","avatar":"https://static.itradeup.com/news/78ded0486115bfde72a2c4335fa410ff","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9960100464,"type":1,"supId":0,"prevId":0,"content":"o","text":"o","html":"o"}],"langContent":"EN"},{"id":9960377866,"gmtCreate":1668087373655,"gmtModify":1676538010363,"author":{"id":"3582538202393061","authorId":"3582538202393061","name":"Zivcheah","avatar":"https://static.tigerbbs.com/d52882be9b594ebb5b5933851792d286","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582538202393061","authorIdStr":"3582538202393061"},"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9960377866","repostId":2282984331,"repostType":4,"repost":{"id":"2282984331","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1668082130,"share":"https://ttm.financial/m/news/2282984331?lang=&edition=full_marsco","pubTime":"2022-11-10 20:08","market":"hk","language":"en","title":"SMIC Reports 35% Rise in Q3 Revenue, Lifts Capital Expenditure Plan","url":"https://stock-news.laohu8.com/highlight/detail?id=2282984331","media":"Reuters","summary":"Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) saw revenue rise 34.7% ye","content":"<html><head></head><body><p>Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) saw revenue rise 34.7% year-on-year to $1.91 billion in the third quarter, according to a market filing published on Thursday.</p><p>Gross profit was $742.2 million, up 58.6% year-on-year, and the company revised its capital expenditure plan for the year from $5 billion to $6.6 billion.</p><p>It added that it expects revenue for the full year 2022 to be around $7.3 billion, a 34% year-on-year increase.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SMIC Reports 35% Rise in Q3 Revenue, Lifts Capital Expenditure Plan</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSMIC Reports 35% Rise in Q3 Revenue, Lifts Capital Expenditure Plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-11-10 20:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) saw revenue rise 34.7% year-on-year to $1.91 billion in the third quarter, according to a market filing published on Thursday.</p><p>Gross profit was $742.2 million, up 58.6% year-on-year, and the company revised its capital expenditure plan for the year from $5 billion to $6.6 billion.</p><p>It added that it expects revenue for the full year 2022 to be around $7.3 billion, a 34% year-on-year increase.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"688981":"中芯国际","00981":"中芯国际"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2282984331","content_text":"Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) saw revenue rise 34.7% year-on-year to $1.91 billion in the third quarter, according to a market filing published on Thursday.Gross profit was $742.2 million, up 58.6% year-on-year, and the company revised its capital expenditure plan for the year from $5 billion to $6.6 billion.It added that it expects revenue for the full year 2022 to be around $7.3 billion, a 34% year-on-year increase.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104744412,"gmtCreate":1668087379159,"gmtModify":1668087392505,"authorId":3582538202393061,"author":{"id":3582538202393061,"idStr":"3582538202393061","authorId":3582538202393061,"name":"Zivcheah","avatar":"https://static.tigerbbs.com/d52882be9b594ebb5b5933851792d286","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9960377866,"type":1,"supId":0,"prevId":0,"content":"<u>O</u>","text":"<u>O</u>","html":"<u>O</u>"}],"langContent":"EN"},{"id":9960345748,"gmtCreate":1668084487685,"gmtModify":1676538009864,"author":{"id":"3555673859416128","authorId":"3555673859416128","name":"gnohnaix","avatar":"https://community-static.tradeup.com/news/6309866be2e359f757e22559a57b1406","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":7,"crmLevelSwitch":1,"idStr":"3555673859416128","authorIdStr":"3555673859416128"},"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9960345748","repostId":2282984331,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":30,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}