Metallurgical Corp China: Contract Value Dip and Overseas Rise
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Metallurgical Corp China: Contract Value Dip and Overseas Rise

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

Metallurgical Corporation of China Ltd. reports a 6.5% decrease in the value of newly signed contracts from January to August 2024 compared to the previous year, totaling RMB831.05 billion. However, the company experienced a substantial 85.1% increase in newly signed overseas contracts within the same period. The announcement highlights the financial performance and legal compliance of the company’s board with regards to the accuracy of the disclosed information.

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

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