Metallurgical Corporation of China Ltd. Class H (HK:1618) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The Metallurgical Corporation of China Ltd. has announced that the value of its newly signed contracts from January to May 2024 fell by 5.7% year-over-year to RMB508.91 billion. However, the company experienced a significant 121.8% increase in newly signed overseas contracts, totaling RMB25.77 billion for the same period. Major contracts signed in May include a green hydrogen metallurgy project and a new energy industrial park construction, highlighting the company’s ongoing projects.
For further insights into HK:1618 stock, check out TipRanks’ Stock Analysis page.