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An update from China Metal Resources Utilization Ltd. ( (HK:1636) ) is now available.
China Metal Resources Utilization Ltd. reported its interim financial results for the six months ending June 30, 2025, revealing a decrease in revenue to RMB 340,852,000 from RMB 454,200,000 in the previous year. The company experienced a gross loss of RMB 2,317,000 and a total comprehensive loss of RMB 200,364,000, indicating ongoing financial challenges. Despite these losses, the company reported a positive exchange difference on translating foreign operations, contributing to a slight improvement in comprehensive income compared to the previous period.
The most recent analyst rating on (HK:1636) stock is a Sell with a HK$1.50 price target. To see the full list of analyst forecasts on China Metal Resources Utilization Ltd. stock, see the HK:1636 Stock Forecast page.
More about China Metal Resources Utilization Ltd.
China Metal Resources Utilization Ltd. operates in the metal industry, focusing on the utilization and recycling of metal resources. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
Average Trading Volume: 735,568
Technical Sentiment Signal: Buy
Current Market Cap: HK$443.7M
For a thorough assessment of 1636 stock, go to TipRanks’ Stock Analysis page.