SMIC Reports Revenue of 38.635 Billion Yuan in H1 2026, Net Profit Up 94.2%

SMIC has released its semi-annual report for 2026, covering the period from January 1 to June 30, 2026, which is unaudited. The company achieved operating revenue of 38.635 billion yuan, a year-on-year increase of 19.4%; total profit of 7.133 billion yuan, a year-on-year increase of 96.7%; net profit attributable to shareholders of the listed company of 4.467 billion yuan, a year-on-year increase of 94.2%; and net profit attributable to shareholders after deducting non-recurring gains and losses of 2.994 billion yuan, a year-on-year increase of 57.2%. During the same period, the net cash flow from operating activities was 20.760 billion yuan, a year-on-year increase of 252.0%; earnings before interest, taxes, depreciation, and amortization (EBITDA) was 24.511 billion yuan, a year-on-year increase of 40.7%. The gross profit margin was 23.2%, an increase of 1.3 percentage points compared to the same period last year; the net profit margin was 16.7%, an increase of 6.3 percentage points; basic and diluted earnings per share were both 0.56 yuan, a year-on-year increase of 93.1%. The board of directors approved the submission of this report on August 27, 2026, and the company has no plans for profit distribution or capital reserve conversion into share capital.

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