China Metal Resources Reports H1 2023 Losses
Company Announcements

China Metal Resources Reports H1 2023 Losses

China Metal Resources Utilization Ltd. (HK:1636) has released an update.

China Metal Resources Utilization Limited reported a significant loss of RMB 496,374,000 for the first half of 2023, with revenue dropping to RMB 141,496,000 from RMB 1,119,215,000 in the same period of 2022. The company also faced a comprehensive loss of RMB 498,927,000 and a basic and diluted loss per share of RMB 0.11. This announcement coincides with the continued suspension of trading of the company’s shares.

For further insights into HK:1636 stock, check out TipRanks’ Stock Analysis page.

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