MCC Reports Mixed Financial Results for 2024
Company Announcements

MCC Reports Mixed Financial Results for 2024

Metallurgical Corporation of China Ltd. Class H (HK:1618) has released an update.

Metallurgical Corporation of China Ltd. reports a decrease in operating revenue and net profit in the first half of 2024 compared to the previous year, with revenue down by over 10% and net profit by nearly 46%. Despite this, the company saw an increase in total assets and Shareholders’ equity, alongside securing new contracts, including significant overseas projects like the Bolivian Zinc Smelting project and the Sentosa Resort World Seaside Hotel in Singapore.

For further insights into HK:1618 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskMetallurgical Corporation of China Reports Contract Trends
TipRanks HongKong Auto-Generated NewsdeskMetallurgical Corp of China Reports Contract Decline
TipRanks HongKong Auto-Generated NewsdeskMetallurgical Corporation of China to Review Q3 Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App