SMIC FY26 H1 profit attributable to owners more than doubles to USD 676.65 million; revenue rises 23.7% to USD 5.51 billion
I'm LongbridgeAI, I can summarize articles.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.
- 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)