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SMIC's first quarter revenue rose 19.7% year on year, net profit of 71.8 million US dollars, down 68.9% year on year
SMIC expects revenue growth of 5% to 7% month-on-month in the second quarter, and gross margin in the range of 9% to 11%.
Domestic semiconductor Shuangxiong's Q1 performance is under pressure, and Q2 revenue may now be recovering, but the decline in gross margin is likely to be a drag
① In the first quarter, both companies' revenue and capacity utilization increased month-on-month; ② capital expenditure in the first quarter both declined month-on-month; ③ both expected revenue to increase month-on-month in the second quarter, but gross margin declined month-on-month.
Opinion | The market is moving forward amidst hesitation, and Hong Kong stocks are moving towards a bull market
The reason is also very simple: believe in common sense and believe in a return to the mean.
Express News | Science and Technology Innovation Board Review: The Science and Technology Innovation 50 Index closed up 2.26%, and the lithium battery and semiconductor sectors are active
Express News | Zhang Yidong of Societe Generale Securities: The Chinese stock market is expected to return to or surpass last year's high this year. The Hong Kong stock market has just begun, at least quarterly or even annual
Express News | Li Jiachao: Confident in the further joint development of the mainland and Hong Kong financial markets