No Data
Semiconductor Manufacturing International Corp (SHSE:688981) Q3 2024 Earnings Call Highlights: ...
Semiconductor Manufacturing International Corporation (0981.HK): The performance in the third quarter of 2024 continues to improve, with both gross margin and production capacity utilization rate exceeding expectations.
Income meets expectations, price increases drive improved profitability. In 3Q24, revenue reached $2.17 billion, hitting a record high, aligning with our expectations. Benefiting from the rising demand in consumer electronics business, increase in product unit price, gross margin reached 20.5.
Semiconductor Manufacturing International Corporation (688981): Achieved a record high quarterly revenue, Q4 continues to provide positive guidance.
Event: The company's Hong Kong-listed announcement for the third quarter of 2024 revealed revenue of 2.171 billion US dollars, a 14.2% increase from the previous quarter, marking the first time reaching the single-quarter 2 billion US dollar milestone, setting a new historical record; net income attributable to the parent company was 0.149 billion US dollars.
Tracker fund of hong kong net outflow of 6.418 billion Hong Kong dollars
Northbound net inflows into SMIC (00981.HK), alibaba (09988.HK), and Sunac (01918.HK) reached 1.61 billion Hong Kong dollars, 0.258 billion Hong Kong dollars, and 0.198 billion Hong Kong dollars respectively. Northbound net outflows from Tracker Fund of Hong Kong (02800.HK), Tencent (00700.HK), and Xiaomi Group (01810.HK) reached 6.418 billion Hong Kong dollars, 0.559 billion Hong Kong dollars, and 0.161 billion Hong Kong dollars respectively. The highest net funding inflow stock of the Hong Kong Stock Connect (Shanghai) is SMIC (00981.HK) at 0.899 billion Hong Kong dollars, while the highest net funding inflow
Semiconductor Manufacturing International Corporation: Consumer market recovery in downstream subcategories, layout of power device production capacity in response to new demand | Direct hit earnings conference
①Zhao Haijun, CEO of Semiconductor Manufacturing International Corporation, stated that the prices of some 12-inch nodes are good, the product mix is optimized, and the average selling price of the company in the third quarter increased compared to the previous quarter; ②It is expected to release approximately 0.03 million 12-inch wafers of monthly production capacity in the fourth quarter, and the capacity utilization rate and shipments will decrease at that time; ③Semiconductor Manufacturing International Corporation will accelerate the layout of power device capacity to fully support the development of the auto industry and the new energy market.
Express News | Southbound funds recorded a net sell of 3.043 billion Hong Kong dollars today, while Semiconductor Manufacturing International Corporation saw a net buy of 1.61 billion Hong Kong dollars against the market trend.
No Data
No Data
No Data