SMIC (688981.SH): Revenue is expected to increase 4%-6% month-on-month in the fourth quarter, and gross margin is 26%-28%

Zhitong Finance App News, SMIC (688981.SH) announced that in the third quarter, the company's overall sales revenue reached US$3.19 billion, up 6.1% month on month; gross margin was 29.9%, up 4.6 percentage points from month to month. In the fourth quarter, revenue is expected to increase by 4%-6% month-on-month, and gross margin guidance is 26%-28%.

The company promotes production capacity expansion guided by customer needs, builds a leading edge with a high value-added and high-quality product portfolio, enhances management resilience through the cycle, and strives to achieve quality and sustainable growth.