Fully Integrated and Optimized Strategies for Growth Propel JCET to Quarterly Highs for Revenue and Profit in Q1 2021
Q1 2021 financial highlights: * Revenue was RMB 6.71 billion. It was an increase of 17.6% year on year and a record high first quarter in the company's history. * Generated RMB 1.20 billion cash from operations, up 4.9% year on year. With net capex investments ofRMB 0.56 billion, free cash fl...
JCET Innovation and Manufacturing Strategies Deliver Record High Revenue for FY2020 with Profits Twice the Total of the Last 17 Years
Fourth Quarter and Fiscal Year 2020 Financial Results: * Fourth-quarter revenue was RMB 7.70 billion. On a comparable basis, taking into account the accounting change in revenue recognition, it was an increase of 17.6% year on year (see note 1). * Full-year revenue was RMB 26.46 billion. On a...
JCET's Global Manufacturing Strategy Produces Records for Revenue and Profit in Q3
Q3 2020 Financial Highlights: * Revenue was RMB 6.79 billion. On a comparable basis, taking into account the accounting change in revenue recognition, it was an increase of 11.2% year on year (see note). * Generated RMB 1.48 billion cash from operations, up 171.3% year on year. With net cape...
JCET's Global Manufacturing Strategy Produces Records for Revenue and Profit in Q3
Q3 2020 Financial Highlights: * Revenue was RMB 6.79 billion. On a comparable basis, taking into account the accounting change in revenue recognition, it was an increase of 11.2% year on year (see note). * Generated RMB 1.48 billion cash from operations, up 171.3% year on year. With net cape...
JCET Posts Second Consecutive Quarter with Record High in Q2 2020
Strong demand for advanced technology drives growth (Q2 2020 Financial Highlights): * Revenue was RMB 6.27 billion, a record high in the second quarter. On a comparable basis, taking into account the accounting change in revenue recognition, it was an increase of 55.3% year on year (see note)....
JCET Posts Second Consecutive Quarter with Record High in Q2 2020
Strong demand for advanced technology drives growth (Q2 2020 Financial Highlights): * Revenue was RMB 6.27 billion, a record high in the second quarter. On a comparable basis, taking into account the accounting change in revenue recognition, it was an increase of 55.3% year on year (see ...
JCET Group Integration Turns Loss to Profit in 2019
SHANGHAI, April 30, 2020 /PRNewswire/ -- Global leading semiconductor microsystem integration packaging and test provider, JCET Group (SH: 600584) reported the financial results for full year 2019, endedDecember 31, 2019. 2019 full year financial highlights: * Revenue for the year was RMB 23...
JCET Group Records Strong Performance in Q1
SHANGHAI, April 30, 2020 /PRNewswire/ -- Global leading semiconductor microsystem integration packaging and test provider, JCET Group (SH: 600584) reported the financial results for Q1 2020, endedMarch 31, 2020. Q1 2020 financial highlights: * Revenue was RMB 5,708 million, a record high in...
JCET Group Integration Turns Loss to Profit in 2019
SHANGHAI, April 30, 2020 /PRNewswire/ -- Global leading semiconductor microsystem integration packaging and test provider, JCET Group (SH: 600584) reported the financial results for full year 2019, endedDecember 31, 2019. 2019 full year financial highlights: * Revenue for the year was RMB 23...
JCET Group Records Strong Performance in Q1
SHANGHAI, April 30, 2020 /PRNewswire/ -- Global leading semiconductor microsystem integration packaging and test provider, JCET Group (SH: 600584) reported the financial results for Q1 2020, endedMarch 31, 2020. Q1 2020 financial highlights: * Revenue was RMB 5,708 million, a record high in ...
SMIC and JCET Establish a Joint Venture in Jiangyin National High-Tech Industrial Development Zone
SHANGHAI, Aug. 8, 2014 /PRNewswire/ -- Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981) the largest and most advanced pure foundry provider inChina; and Jiangsu Changjiang Electronics Technology Co., Ltd. ("JCET", SSE: 600584), the largest packaging service ...