According to the Zhitong Finance App, SMIC (00981) announced results for the third quarter of the three months ended September 30, 2026. The group obtained revenue of US$3.19 billion, an increase of 33.9% over the previous year; the profit attributable to company owners was US$428 million, an increase of 123.4% over the previous year; and earnings per share were US$0.05.

Sales revenue for the third quarter of 2026 was US$3.19 billion, up 6.1% from sales revenue of US$3.0.056 billion for the second quarter of 2026. The increase in sales revenue was mainly due to increased wafer sales in the third quarter of 2026.

Management Comments and Guidelines for the Fourth Quarter of 2026

In the third quarter, the company's overall sales revenue reached US$3.19 billion, up 6.1% month on month; gross margin was 29.9%, up 4.6 percentage points from month to month.

In the fourth quarter, revenue is expected to increase by 4%-6% month-on-month, and gross margin guidance is 26%-28%.

The company promotes production capacity expansion guided by customer needs, builds a leading edge with a high value-added and high-quality product portfolio, enhances management resilience through the cycle, and strives to achieve high-quality and sustainable growth.

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