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Metallurgical Corporation of China Ltd. Class H ( (HK:1618) ) has shared an announcement.
Metallurgical Corporation of China Ltd. announced that its newly signed contracts for the year 2024 amounted to RMB1,248.30 billion, reflecting a 12.4% decline compared to the previous year. Despite this, the company experienced a significant increase of 47.8% in overseas contracts, reaching RMB93.24 billion. This growth in international projects could enhance its market positioning and provide new opportunities for global expansion.
More about Metallurgical Corporation of China Ltd. Class H
Metallurgical Corporation of China Ltd. operates in the engineering and construction industry, focusing on large-scale infrastructure projects and metallurgical engineering. The company is known for its expertise in the construction of smelters, industrial parks, and other major engineering projects globally.
YTD Price Performance: -5.26%
Average Trading Volume: 5,000
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €7.9B
For a thorough assessment of 1618 stock, go to TipRanks’ Stock Analysis page.
