Ge Long Hui·2025-08-28 10:01Core Insights - Semiconductor Manufacturing International Corporation (SMIC) reported a 22.0% year-on-year increase in revenue, reaching $4.456 billion for the six months ending June 30, 2025, driven by increased wafer sales volume and higher average selling prices [1] Revenue Breakdown - The number of wafers sold (converted to 8-inch standard logic) increased by 19.9% from 3,907 thousand units in the same period last year to 4,682 thousand units [1] - The average selling price of wafers rose to $903 from $869 in the previous year [1] - Revenue from the foundry business amounted to $4.229 billion, reflecting a 24.6% year-on-year increase [1] Profitability Metrics - Gross profit increased by 89.3% to $956 million, attributed to higher wafer sales volume, increased average prices, and changes in product mix [1] - The net profit attributable to shareholders was $321 million, a 35.6% increase year-on-year, with basic earnings per share at $0.04 [1]