Metallurgical Corporation of China Ltd. Class H (HK:1618) has released an update.
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Metallurgical Corporation of China Ltd. reports a decrease in operating revenue and net profit in the first half of 2024 compared to the previous year, with revenue down by over 10% and net profit by nearly 46%. Despite this, the company saw an increase in total assets and Shareholders’ equity, alongside securing new contracts, including significant overseas projects like the Bolivian Zinc Smelting project and the Sentosa Resort World Seaside Hotel in Singapore.
For further insights into HK:1618 stock, check out TipRanks’ Stock Analysis page.