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Metallurgical Corporation of China Ltd. Class H ( (HK:1618) ) has issued an announcement.
Metallurgical Corporation of China Ltd. reported a decline in the value of newly-signed contracts for the first three quarters of 2025, with a total of RMB760.67 billion, marking a 14.7% decrease year-on-year. Despite the overall downturn, the company maintained steady operations with no stalled major projects, indicating resilience in its business segments, particularly in metallurgical works and operation services, which saw a slight increase.
The most recent analyst rating on (HK:1618) stock is a Buy with a HK$3.00 price target. To see the full list of analyst forecasts on Metallurgical Corporation of China Ltd. Class H stock, see the HK:1618 Stock Forecast page.
More about Metallurgical Corporation of China Ltd. Class H
Metallurgical Corporation of China Ltd. operates in the engineering and construction industry, focusing on metallurgical works, housing construction, municipal infrastructure, and industrial manufacturing. The company is known for its comprehensive services in these sectors, catering to various market needs.
Average Trading Volume: 59,919,759
Technical Sentiment Signal: Buy
Current Market Cap: HK$79.62B
Find detailed analytics on 1618 stock on TipRanks’ Stock Analysis page.