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Metallurgical Corporation of China Ltd. Class H ( (HK:1618) ) has shared an update.
Metallurgical Corporation of China Ltd. expects its net profit attributable to shareholders in 2025 to fall sharply to between RMB1.30 billion and RMB1.60 billion, a year-on-year decline of about 76% to 81% from 2024, with profit after excluding non-recurring items projected to drop roughly 88% to 92% to RMB400 million–RMB600 million. Management attributes this deterioration primarily to substantial losses in its real estate business and projected impairment provisions exceeding RMB26 billion on assets such as inventory, fixed assets and investment properties, compounded by weaker revenue amid a downturn in the construction industry; the company expects that, following the substantial completion of real estate asset disposals in 2026 and a strategic pivot toward a more diversified, innovation-driven business structure, it will gradually reduce the drag from property-related losses and improve its long-term performance profile.
The most recent analyst rating on (HK:1618) stock is a Hold with a HK$2.00 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. is a large engineering and construction group with roots in the metallurgical and broader construction industries. The company’s activities span infrastructure and real estate development, and its financial performance is closely tied to conditions in China’s construction and property markets.
Average Trading Volume: 45,834,860
Technical Sentiment Signal: Hold
Current Market Cap: HK$66.97B
See more insights into 1618 stock on TipRanks’ Stock Analysis page.