Metallurgical Corporation of China Ltd. Class H (HK:1618) has released an update.
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Metallurgical Corporation of China Ltd. reported a 12.1% decrease in newly signed contracts, totaling RMB1,048.11 billion from January to November 2024, compared to the same period last year. Despite this downturn, the company experienced a significant 99% increase in overseas contracts, reaching RMB74.71 billion. This highlights a robust expansion in international markets for the firm, even as domestic contract values decline.
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