SMIC's fourth quarter net profit is 1.252 billion yuan, a year-on-year increase of 93.5%
Source: Sina Technology 2021-02-05
Sina Technology News On the evening of February 4, SMIC released its 2020 fourth quarter performance report. The financial report shows that SMIC's net profit in the fourth quarter of 2020 was 1.252 billion yuan, an increase of 93.5% year-on-year; the company's operating income in the fourth quarter of 2020 was 6.671 billion yuan, an increase of 10.3% year-on-year. The unaudited net profit attributable to shareholders of listed companies in 2020 is 4.332 billion yuan.
SMIC expects revenue in the first quarter to increase by 7% to 9% year-on-year.
SMIC stated that under the influence of the entity list, the company will strengthen the development and deployment of multiple platforms, and expand the reliability and competitiveness of the platform.