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Metallurgical Corporation of China Ltd. Class H ( (HK:1618) ) has provided an announcement.
Metallurgical Corporation of China Ltd. reported major operating data for the first quarter of 2026, highlighting performance across its core, principal and featured business segments. The group remains active in metallurgy and mining-related construction, while also expanding into technology-driven and environmental businesses in China and abroad.
The company’s newly signed contracts in the first quarter reached RMB206.10 billion, down 10.6% year on year, reflecting softer overall demand, particularly in capital construction and featured business. Core business contracts, led by ferrous metallurgy projects, grew 19.3%, and overseas contracts rose 9.6% to RMB13.19 billion, indicating resilience in metallurgical works and international markets despite the broader slowdown.
More about Metallurgical Corporation of China Ltd. Class H
Metallurgical Corporation of China Ltd. is a large engineering and construction group focused on ferrous and non-ferrous metallurgy works, mining projects and industrial and capital construction. The company also develops featured businesses in engineering services, new materials, high-end equipment, energy and environmental protection, and digital intelligence applications, serving both domestic and overseas markets.
Average Trading Volume: 22,428,212
Technical Sentiment Signal: Sell
Current Market Cap: HK$63.92B
See more data about 1618 stock on TipRanks’ Stock Analysis page.