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SMIC (00981.HK) Opens Up 5.5% as 3Q NP Leaps 58.3%
SMIC (00981.HK) reported a 58.3% surge in profit for 3Q. The stock opened 5.49% higher today (8th) at $29.8, with 3.9875 million shares traded before the market opened for $119 mil...
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SMIC (00981.HK) Opens Up 5.5% as 3Q NP Leaps 58.3%
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SMIC (00981.HK)  0.000 (0.000%)    Short selling $447.48M; Ratio 14.359%   reported a 58.3% surge in profit for 3Q. The stock opened 5.49% higher today (8th) at $29.8, with 3.9875 million shares traded before the market opened for $119 million.

SMIC's 3Q sales revenue was US$2.171 billion, reaching a record high of US$2 billion for the first time in a single quarter, up 34% YoY and 14.2% QoQ. It posted a net profit of US$149 million, up 58.3% YoY and down 9.6% QoQ, with EPS of US2 cents. The 4Q guidance projected the quarterly revenue to be flat to +2% QoQ; and GM was expected to be between 18% and 20%.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-14 16:25.)

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