Major international semiconductor OEMs, Semiconductor Manufacturing International Co., Ltd released consolidated results of operations for the three months ended 30 June in 2012. The gross profit margin in the second quarter of 2012 increases from 12.0 percent in the first quarter of 2012 to 24.1%, mainly due to the higher capacity utilization and continuous productivity improvement. Net cash from operating activities in the second quarter of 2012 increases from 35.8 millions yuan at the first quarter of 2012 42.8 millions. At the second quarter attributable profit of ordinary holders in 2012 is 7.1 millions, compared with first quarter of 2012 attributable loss 42.8 millions. Sales revenue in China increase along with growth of the Chinese semiconductor market. In the second quarter of 2012, sales revenue from China are up 28 percent from the previous quarter, accounting for 33% of the company's sales revenue at second quarter. |
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Revenue Of SMIC At Second Quarter Is $ 420 Million