27

2017

-

03

SMIC Announces Its 2016 Annual Results

Semiconductor Manufacturing International Corporation (SMIC, NYSE stock code: SMI; HKEX stock code: 981), one of the world’s leading integrated circuit foundry companies and the largest and most technologically advanced integrated circuit wafer manufacturer in mainland China, today announced its audited consolidated financial results for the year ended December 31, 2016. Financial Highlights: Revenue for 2016 reached a record high of US$2,914.2 million, compared to US$2,236.4 million in 2015, representing an increase of 30.3%. 2


Semiconductor Manufacturing International Corporation (SMIC) (abbreviated as SMIC , New York Stock Exchange ticker symbol: SMI Hong Kong Stock Exchange stock code: 981 ), one of the world’s leading integrated circuit wafer fabrication companies and the largest and most technologically advanced integrated circuit wafer manufacturer in mainland China, today announced the company’s audited consolidated financial results for the year ended December 31, 2016.

Financial Summary

       Revenue in 2016 reached a record high, amounting to... 2,914.2 One million dollars, whereas in 2015 it was 2,236.4 One million dollars, with an increase of 30.3%

In 2016, gross profit reached a record high of 849.7 One million dollars, whereas in 2015 it was 682.6 One million dollars, with an increase of 24.5%

In 2016, the company’s profit attributable to owners for the period also reached a new record high, amounting to... 376.6 One million dollars, whereas in 2015 it was 253.4 One million dollars, with an increase of 48.6%

Revenue from customers in the China region grew to a record high, accounting for a portion of total revenue in 2016. 49.7% and in 2015 it was 47.7% , the increase in income is 35.7%

The net cash flow from operating activities in 2016 reached a record high. 977.2 One million dollars, whereas in 2015 it was 669.2 One million dollars, with an increase of 46.0%

As of December 31, 2016, cash and cash equivalents and other financial assets totaled: 2,157.6 One million dollars, whereas as of December 31, 2015, it was 1,288.1 One million dollars, with an increase of 67.5%

As of December 31, 2016, the net debt-to-equity ratio remained low, at... 16.1%

Key words:

Related News

undefined

undefined