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SMIC is bullish on revenue for more than 12% quarters

Source: Internet
Author: User
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In the news of the second-quarter rise in earnings forecasts, SMIC (00981-HK) is up 10.67%, reporting 0.415 Hong Kong dollars and trading at HK $46.7835 million. SMIC increased its second-quarter revenue guideline by 58% to 62% on a quarterly basis at the end of April, up from 76% to 78%, due to strong demand in the mainland and a better-than-expected growth in customer orders. Core 08 Eclipse 440 million U.S. dollars, 09 in the first quarter of 178 million U.S. dollars, investors or look forward to their early reversal of the performance loss situation.

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