SMIC Projects Q1 Revenue Between $2.42 Billion and $2.53 Billion

Deep News
03/02

Semiconductor Manufacturing International Corporation (SMIC) has released its performance forecast for the first quarter. According to quarterly performance forecast data from Choyang Yongxu as of March 1, 2026, the company anticipates revenue in the range of $2.42 billion to $2.53 billion, representing a year-on-year increase of 7.7% to 12.7%. Net profit is projected to be between $112 million and $343 million, reflecting a change of -40.4% to 82.4% compared to the same period last year. The forecast for adjusted net profit stands at $343 million. Investors are advised to monitor whether the actual financial results, upon release, will exceed these expectations. The Choyang Yongxu quarterly performance forecast data for Hong Kong-listed stocks serves as a tool for investors to assess corporate performance. It is important to note that the profit forecast figures mentioned are for reference purposes only and should not be used as the sole basis for future investment decisions. Investing in stocks carries risks, including market volatility, company performance, and policy factors, all of which can lead to fluctuations in stock prices. Investors are encouraged to fully understand relevant information and make investment decisions based on their individual risk tolerance.

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