Financial Statements and Related Announcement::Second Quarter and/ or Half Yearly Results

Issuer & Securities

Issuer/ Manager
SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORPORATION
Securities
SEMICONDUCTOR US$200M CB181107 - XS0987076899 - 2J6B
Stapled Security
No

Announcement Details

Announcement Title
Financial Statements and Related Announcement
Date &Time of Broadcast
07-Aug-2014 17:19:45
Status
New
Announcement Sub Title
Second Quarter and/ or Half Yearly Results
Announcement Reference
SG140807OTHRLF30
Submitted By (Co./ Ind. Name)
Issuer Services
Designation
SGX-ST
Description (Please provide a detailed description of the event in the box below - Refer to the Online help for the format)
SMIC announces that: (i) Revenue was $511.3 million in 2Q14, an increase of 13.4% quarter over quarter; (ii) Non-GAAP revenue excluding wafer shipments from Wuhan Xinxin reached a record high of $511.3 million in 2Q14, an increase of 1.9% year over year compared to $501.8 million in 2Q13; (iii) Gross margin was 28.0% in 2Q14, compared to 21.3% in 1Q14; (iv) Profit for the period attributable to SMIC was $56.8 million in 2Q14, compared to $20.3
million in 1Q14; and (v) China-region revenue grew to 44.4% of overall revenue becoming the largest contributor to revenue regionally in 2Q14.

Additional Details

For Financial Period Ended
30/06/2014

Attachments

Q2 2014 Earnings Release_e.pdf
Q2 2014 Earnings Release_c.pdf
Total size =1005K

DISCLAIMER: This announcement was prepared and issued by the named Issuer/ Manager to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNet for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the named Issuer/ Manager directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement.