Semiconductor Manufacturing International Corporation’s Net Profit Rose 30.8% in 2022

Semiconductor Manufacturing International Corporation (中芯国际集成电路制造有限公司) (688981.SH) reported a net profit of 14.7 billion yuan in 2022, up 30.8% year-on-year.

Meanwhile, the company posted 49.5 billion yuan in revenue, up 39% year-on-year.

At the end of the reporting period, it had 305.1 billion yuan in total assets and 103.4 billion yuan in total liabilities, with a liability-to-asset ratio of 33.9%.