SMIC's revenue is expected to reach 6.5 billion in 2024, with a positive gross profit margin

Xinlian Integrated Circuit expects that the company's operating income for the whole year of 2024 will reach about 6.509 billion yuan, an increase of about 1.185 billion yuan over the previous year, an increase of about 22.26%. Among them, the main business income is about 6.276 billion yuan, an increase of about 27.79% year-on-year. It is particularly worth mentioning that the company has achieved a positive annual gross profit margin for the first time, reaching about 1.1%.