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SMIC: 4Q Earnings Snapshot

SHANGHAI (AP) _ Semiconductor Manufacturing International Corp. (SMI) on Thursday reported earnings of $18.6 million in its fourth quarter.

The Shanghai-based company said it had net income of 2 cents per share.

The chip manufacturing company posted revenue of $787.6 million in the period.

SMIC shares have increased 21 percent since the beginning of the year. The stock has declined 14 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