Financial Statements and Related Announcement::First Quarter 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
16-May-2016 12:22:41
Status
New
Announcement Sub Title
First Quarter Results
Announcement Reference
SG160516OTHR5CG7
Submitted By (Co./ Ind. Name)
Hoo Mei Fung
Designation
Joint Compliance Officer
Effective Date and Time of the event
12/05/2016 17:00:00
Description (Please provide a detailed description of the event in the box below - Refer to the Online help for the format)
Revenue was a record high of $634.3 million in 1Q16, increased by 4.0% QoQ from $610.1 million in 4Q15 and increased by 24.4% YoY from $509.8 million in 1Q15.

Gross margin was 24.2% in 1Q16, compared to 28.5% in 4Q15 and 29.4% in 1Q15.

Profit from operations was $66.1 million in 1Q16, compared to $41.6 million in 4Q15 and $45.5 million in 1Q15.

Net profit for the period attributable to SMIC was $61.4 million in 1Q16, as compared to $38.6 million in 4Q15 and $55.5 million in 1Q15.

Additional Details

For Financial Period Ended
31/03/2016

Attachments

Q1 2016 results.pdf
Total size =162K