Semiconductor Manufacturing International Corporation announced its performance, with a revenue of 15.917 billion yuan for the fourth quarter of 2024, a year-on-year increase of 31%; the Net income attributable to the shareholders of the listed company was 0.992 billion yuan, a year-on-year decrease of 13.5%.
Semiconductor Manufacturing International Corporation expects a 6% to 8% quarter-on-quarter revenue growth in the first quarter of 2025, with a gross margin of 19% to 21%. Assuming no significant changes in the external environment, the company’s guidance for 2025 is: sales revenue growth exceeding the average of comparable industries, and capital expenditures approximately flat compared to the previous year.
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