--- title: "SMIC FY26 H1 profit attributable to owners more than doubles to USD 676.65 million; revenue rises 23.7% to USD 5.51 billion" type: "News" locale: "en" url: "https://longbridge.com/en/news/297166158.md" description: "SMIC reported strong H1 FY26 results, with revenue rising 23.7% to USD 5.51 billion and net profit more than doubling to USD 676.65 million. Gross and net margins expanded significantly, while operating cash flow surged 252.7%. Management attributed growth to higher wafer shipments, improved pricing, and favorable product mix, maintaining an optimistic outlook driven by AI demand." datetime: "2026-08-27T10:21:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/297166158.md) - [en](https://longbridge.com/en/news/297166158.md) - [zh-HK](https://longbridge.com/zh-HK/news/297166158.md) generator: "portal-rs" --- # SMIC FY26 H1 profit attributable to owners more than doubles to USD 676.65 million; revenue rises 23.7% to USD 5.51 billion - SMIC reported IFRS revenue of USD 5.51 billion, up 23.7% year over year. \* Profit attributable to owners climbed to USD 676.65 million, more than doubled; basic EPS rose to USD 0.08 from USD 0.04. \* Gross margin widened to 22.9% from 21.4%; net margin expanded to 17.5% from 10.5%. \* Operating cash flow surged to USD 3.21 billion, up 252.7%; net cash used in investing deepened to USD 3.97 billion. \* Management cited higher wafer shipments, higher average selling price, and product mix changes; second-half outlook remained optimistic on AI-driven demand. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SMIC - Semiconductor Manufacturing International Corporation published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260827-12302455), on August 27, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) ### Related Stocks - [00981.HK](https://longbridge.com/en/quote/00981.HK.md) - [688981.CN](https://longbridge.com/en/quote/688981.CN.md) - [00388.HK](https://longbridge.com/en/quote/00388.HK.md) - [HSMD.SG](https://longbridge.com/en/quote/HSMD.SG.md) - [80388.HK](https://longbridge.com/en/quote/80388.HK.md) - [HKXCY.US](https://longbridge.com/en/quote/HKXCY.US.md) ## Related News & Research - [SMIC files HKEX next-day disclosure return, issues 1,000 new shares to lift share capital](https://longbridge.com/en/news/298203671.md) - [China’s SMIC plans expansion as AI-related chip demand beats forecasts](https://longbridge.com/en/news/295893913.md) - [AI fuels some hiring plans, dampens others: Cerulli](https://longbridge.com/en/news/298770093.md) - [Alibaba Group Holding (BABA) Raised US$10.2b For AI, Is The 55% Undervalued View Convincing?](https://longbridge.com/en/news/298866710.md) - [B3 Consulting launches B3 Advisory to expand strategic consulting offering](https://longbridge.com/en/news/298575181.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**