Semiconductor Manufacturing International Corporation (00981) announced its first quarter financial results. The company reported a net profit attributable to owners of approximately $197 million, up 14.2% quarter-on-quarter and 5% year-on-year.

Semiconductor Manufacturing International Corporation (00981) announced its first quarter performance for 2026, with sales revenue of 25.055 billion US dollars, an increase of 0.7% compared to the previous quarter and an increase of 11.5% year-on-year. Gross profit is approximately 504 million US dollars, an increase of 5.3% compared to the previous quarter and a decrease of 0.4% year-on-year; the company's net profit attributable to owners is approximately 197 million US dollars, an increase of 14.2% compared to the previous quarter and an increase of 5% year-on-year. For the second quarter, the company has given revenue guidance of a 14% to 16% increase compared to the previous quarter, and a gross profit margin guidance of 20% to 22%, an increase of 2 percentage points compared to the previous quarter's guidance.