Metallurgical Corp of China Reports Contract Decline
Company Announcements

Metallurgical Corp of China Reports Contract Decline

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

Metallurgical Corporation of China Ltd. reported a 9.2% decrease in the total value of newly-signed contracts for the first nine months of 2024, with a notable 17.7% drop in the third quarter alone. Despite this decline, the company maintained steady operations across various sectors, including industrial manufacturing, which saw a notable increase of 22.7%. The company confirmed no major projects were stalled as of September 2024.

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 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