Will's Blog: China's SMIC reports Q2 revenue up 21.8% YoY to ~$1.9B, above est., net profit down 59.1% YoY to ~$164.6M, above ~$103.8M est., and $2.25B capital expenditure (Reuters)

8 August 2024

China's SMIC reports Q2 revenue up 21.8% YoY to ~$1.9B, above est., net profit down 59.1% YoY to ~$164.6M, above ~$103.8M est., and $2.25B capital expenditure (Reuters)

Reuters:
China's SMIC reports Q2 revenue up 21.8% YoY to ~$1.9B, above est., net profit down 59.1% YoY to ~$164.6M, above ~$103.8M est., and $2.25B capital expenditure — Semiconductor Manufacturing International Corp (0981.HK) reported a 59.1% fall in second-quarter net profit on Thursday though …

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