SMIC (688981.SH) announced results for the first three quarters, with net profit attributable to mother of 7.314 billion yuan, an increase of 91.6% over the previous year

According to the Zhitong Finance App, SMIC (688981.SH) disclosed its report for the third quarter of 2026. In the first three quarters, the company achieved operating income of 60.618 billion yuan, up 22.4% year on year; net profit attributable to shareholders of listed companies was 7.314 billion yuan, up 91.6% year on year; after deducting non-net profit of 5.633 billion yuan, up 77.3% year on year; basic earnings per share were 0.91 yuan.

The increase in performance was mainly due to a year-on-year increase in wafer sales, increased capacity utilization, and changes in the product portfolio.