MCC Reports 24.95% Drop in Net Profit Attributable to Shareholders for 2026 Interim Results

Stock News
Aug 28

Metallurgical Corporation Of China Ltd. (HK: 01618) has released its interim results for the 2026 fiscal year, revealing a decline in both revenue and profitability. For the period, the group achieved operating revenue of RMB 175.907 billion, a year-on-year decrease of 25.94%. Net profit attributable to shareholders of the listed company stood at RMB 2.326 billion, down 24.95% from the same period last year. Basic earnings per share were RMB 0.05.

In the first half of the year, the company recorded operating revenue of RMB 175.907 billion and total profit of RMB 4.019 billion. The cash-to-revenue ratio reached 105.32%, an improvement of 18.89 percentage points compared to the prior-year period. The "Five-Five Strategy" has been steadily advanced, with the "One Core" business—covering metallurgy, non-ferrous metals, and mining engineering—seeing its revenue share rise by 4.77 percentage points to 21.37%. Within this segment, revenue from mining engineering projects grew 32.58% year-on-year to RMB 4.111 billion. Revenue from scientific research and design subsidiaries amounted to RMB 43.262 billion, remaining broadly stable compared to the same period last year. Meanwhile, the "Five Specialties" business increased its revenue share by 2.08 percentage points to 11.32%, with the digital intelligence application segment contributing RMB 500 million in revenue, up 17.06% year-on-year.

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