A · Important
[SMIC: Net profit in the third quarter increased by 87.6% year-on-year] On November 12, SMIC (688981.SH) announced that it achieved operating income of 60.618 billion yuan in the first three quarters, a year-on-year increase of 22.4%; net profit attributable to shareholders of listed companies was 7.314 billion yuan, a year-on-year increase of 91.6%. In the third quarter, operating income was 21.983 billion yuan, a year-on-year increase of 28.1%; net profit attributable to shareholders of listed companies was 2.847 billion yuan, a year-on-year increase of 87.6%. The change in performance was mainly due to the year-on-year increase in wafer sales, increase in capacity utilization and changes in product mix.
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