Semiconductor Manufacturing International Corporation's 2024 Semi-Annual Report Revenue Growth and Profit Changes

TapTechNews August 29th news, Semiconductor Manufacturing International Corporation just released the latest semi-annual report for 2024, and TapTechNews summarizes the main financial data as follows:

Revenue was 26.269 billion yuan, with a year-on-year increase of 23.2%.

Net profit attributable to shareholders of the listed company was 1.646 billion yuan, with a year-on-year decrease of 45.1%.

Basic earnings per share was 0.21 yuan per share, with a year-on-year decrease of 44.7%.

Gross profit was 3.653 billion yuan, with a year-on-year decrease of 23.6%.

Gross margin was 13.8%, a decrease of 6.8 percentage points year-on-year, and net profit margin was 6.5%, a decrease of 17.7 percentage points year-on-year.

R & D investment was 2.62 billion yuan, with a year-on-year increase of 9.1%, accounting for 10.1% of revenue, a decrease of 1.3 percentage points year-on-year.

There were 2,300 R & D personnel, an increase compared to 2,283 in the same period last year; the number of R & D personnel accounted for 12.2%; the total salary of R & D personnel was 485 million yuan, and the average salary of 211,000 yuan increased compared to 183,000 yuan in the same period last year.

In the first half of this year, the revenue of Semiconductor Manufacturing International Corporation in the Chinese region increased from 77.6% last year to 80.9%, and the revenue in the US region decreased from 18.6% to 15.5%; the proportion of revenue from smartphone foundry increased from 25.2% to 31.5%.

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