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Metallurgical Corporation of China Ltd. Class H ( (HK:1618) ) has issued an announcement.
Metallurgical Corporation of China Ltd. announced that the value of its newly signed contracts from January to May 2025 reached RMB396.01 billion, marking a 22.2% decrease compared to the same period last year. However, the company saw a 9.8% increase in the value of its newly signed overseas contracts, totaling RMB28.30 billion. This mixed performance highlights the company’s ongoing challenges in the domestic market while showing growth potential in international projects.
More about Metallurgical Corporation of China Ltd. Class H
Metallurgical Corporation of China Ltd. operates in the engineering and construction industry, focusing on major infrastructure projects. The company engages in both domestic and international markets, providing services in construction, engineering, and project management.
Average Trading Volume: 8,257,562
Technical Sentiment Signal: Buy
Current Market Cap: HK$61.8B
Find detailed analytics on 1618 stock on TipRanks’ Stock Analysis page.