Shanghai, China [2004-04-26]
Semiconductor Manufacturing International Corporation (NYSE: SMI;SEHK: 981) (“SMIC” or the “Company”), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended March 31, 2004. Sales increased 28.9% in the first quarter of 2004 to $186.9 million from $145.0 million in the prior quarter. Operating profit increased 481.3% in the first quarter of 2004 to $26.8 million from $4.6 million in the prior quarter. Recurring net income increased 152.4% in the first quarter of 2004 to $27.5 million from $10.9 million in the prior quarter.
For the full SMIC Quarter 1 Earnings Release, click the following link.
SMIC earnings release
Semiconductor Manufacturing International Corporation (NYSE: SMI;SEHK: 981) (“SMIC” or the “Company”), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended March 31, 2004. Sales increased 28.9% in the first quarter of 2004 to $186.9 million from $145.0 million in the prior quarter. Operating profit increased 481.3% in the first quarter of 2004 to $26.8 million from $4.6 million in the prior quarter. Recurring net income increased 152.4% in the first quarter of 2004 to $27.5 million from $10.9 million in the prior quarter.
For the full SMIC Quarter 1 Earnings Release, click the following link.
SMIC earnings release
