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SMIC: 2Q Earnings Snapshot

SHANGHAI (AP) _ Semiconductor Manufacturing International Corp. (SMI) on Thursday reported second-quarter net income of $51.6 million.

The Shanghai-based company said it had profit of 5 cents per share.

The chip manufacturing company posted revenue of $890.7 million in the period.

SMIC shares have fallen 31 percent since the beginning of the year. The stock has climbed 11 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SMI at https://www.zacks.com/ap/SMI