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<Results>SMIC Annual Net Profit US$490M, Down 45.4%
Recommend 45 Positive 78 Negative 81 |
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SMIC (00981.HK) announced its full-year results for the period ending December 31, 2024. Revenue reached a historic high of USD8.03 billion, up 27% YoY. The gross margin contracted to 18%, down 1.3 ppts YoY, with capacity utilization at 85.6%. Net profit declined 45.4% YoY to USD493 million, with EPS at USD0.06. No dividend was declared. AAStocks Financial News |
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