SHANGHAI, Aug. 29, 2019 /PRNewswire/ -- Semiconductor Manufacturing International Corporation (SEHK: 981; OTCQX: SMICY) ("SMIC", the "Company" or "our"), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the six months ended June 30, 2019.
FINANCIAL HIGHLIGHTS
- Revenue was US$1,459.8 million for the six months ended June 30, 2019, compared to US$1,721.8 million and US$1,561.3 million excluding the technology licensing revenue for the six months ended June 30, 2018.
- Gross profit was US$273.2 million for the six months ended June 30, 2019, compared to US$438.0 million and US$277.6 million excluding the technology licensing revenue for the six months ended June 30, 2018.
- Gross margin excluding the technology licensing revenue increased from 17.8% for the six months ended June 30, 2018 to 18.7% for the six months ended June 30, 2019.
- Earnings before interest, tax, depreciation and amortization margin increased from 37.0% for the six months ended June 30, 2018 to 41.1% for the six months ended June 30, 2019.
- The net debt to equity ratio remained low at 4.8% June 30, 2019.
For the full announcement of SMIC's unaudited 2019 financial results, please see: http://asia.blob.euroland.com/press-releases-attachments/1087261/HKEX-EPS_20180830_003249315-0.PDF
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