Earnings release
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement , make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document . SMIC SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORPORATION 中芯 國際 集成電路 製造 有限公司 * ( Incorporated in the Cayman Islands with limited liability ) ( STOCK CODE : 00981 ) SMIC REPORTS UNAUDITED RESULTS FOR THE THREE MONTHS ENDED MARCH 31 , 2021 The consolidated financial information is prepared in accordance with International Financial Reporting Standards ( " IFRS " ) and is presented in accordance with IFRS unless otherwise stated below . ■ Revenue was $ 1,103.6 million in 1Q21 , an increase of 12.5 % QOQ from $ 981.1 million in 4Q20 , and 22.0 % YoY from $ 904.9 million in 1Q20 . Gross profit was $ 250.1 million in 1Q21 , an increase of 41.5 % QOQ from $ 176.8 million in 4Q20 , and 7.1 % YoY from $ 233.6 million in 1Q20 . Gross margin was 22.7 % in 1Q21 , compared to 18.0 % in 4Q20 and 25.8 % in 1Q 20 . Set out below is a copy of the full text of the release by the Company and its subsidiaries ( the " Group " ) on May 13 , 2021 , in relation to its unaudited results for the three months ended March 31 , 2021 . All currency figures stated in this report are in US Dollars unless stated otherwise . Shanghai , China - May 13 , 2021. Semiconductor Manufacturing International Corporation ( SSE STAR MARKET : 688981 ; SEHK : 00981 ) ( " 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 March 31 , 2021 . * For identification purposes only - 1 -