SMIC Reports 2025 Second Quarter Results

Shanghai, China –August 7, 2025 – Semiconductor Manufacturing International Corporation (SEHK: 00981; SSE STAR MARKET: 688981) (“SMIC”, the “Company” or “we”), one of the leading semiconductor foundries in the world, today announced its consolidated results of operations for the three months ended June 30, 2025.

Second Quarter 2025 Highlights

• Revenue was $2,209.1 million in 2Q25, compared to $2,247.2 million in 1Q25, and $1,901.3 million in 2Q24.
• Gross profit was $449.8 million in 2Q25, compared to $505.9 million in 1Q25, and $265.1 million in 2Q24.
• Gross margin was 20.4% in 2Q25, compared to 22.5% in 1Q25 and 13.9% in 2Q24. 

The following statements are forward looking statements based on current expectations and involved risks and uncertainties.

Third Quarter 2025 Guidance

The Company expects (in accordance with IFRSs):

• Revenue to increase by 5% to 7% QoQ.
• Gross margin to range from 18% to 20%.

The Management Comments

In the second quarter, the Company’s revenue of $2,209 million, a sequential decrease of 1.7%; gross margin decreased by 2.1 percentage points sequentially to 20.4%; the capacity utilization rate increased by 2.9 percentage points sequentially to 92.5%.

According to the unaudited results for the first and second quarters, the Company's revenue in the first half of 2025 was $4,456 million, up 22.0% comparing to the same period last year; gross margin was 21.4%, up 7.6 percentage points comparing to the same period last year.

In the third quarter, the revenue is expected to increase 5% to 7% sequentially; gross margin is expected to be in the range of 18% to 20%.

Conference Call / Webcast Announcement

Date: Friday, August 8, 2025

Time: 8:30 A.M. - 9:30 A.M.

WEBCAST

The call will be webcast live at:

https://edge.media-server.com/mmc/p/spdd9qgv

CONFERENCE CALL

Please register in advance for the conference call at:

https://register-conf.media-server.com/register/BIeefd2cad50c5456bbd1d06a9f2c22115

REPLAY

Recording will be available 1 hour after the event and it will be archived for 12 months.

https://www.smics.com/en/site/company_financialSummary

About SMIC

Semiconductor Manufacturing International Corporation (SEHK: 00981; SSE STAR MARKET: 688981) is one of the leading foundries in the world and is the front runner in manufacturing capability, manufacturing scale, and comprehensive service in the Chinese Mainland. SMIC Group provides semiconductor foundry and technology services to global customers on 8-inch and 12-inch wafers. Headquartered in Shanghai, China, SMIC Group has an international manufacturing and service base, with 8-inch and 12-inch wafer fabrication facilities in Shanghai, Beijing, Tianjin and Shenzhen. SMIC Group also has marketing and customer service offices in the U.S., Europe, Japan, and Taiwan, China.

For more information, please visit www.smics.com.