Metallurgical Corporation Of China Ltd. (601618.SH) has announced that, based on preliminary calculations by its finance department, it expects to remain profitable for the full year of 2025. However, the net profit attributable to the parent company's shareholders is projected to decline by more than 50% compared to the previous year. This significant decrease is primarily attributed to losses incurred from its real estate business in 2025, coupled with increased provisions for asset impairment related to inventory, fixed assets, and investment properties. Furthermore, a downturn in the construction industry has contributed to a decline in the company's overall revenue. Looking ahead to 2026, the company anticipates that the asset disposal process for its real estate business will be largely completed, allowing it to gradually shed the drag from this segment's poor performance. Aligning with the "15th Five-Year Plan" and its strategic business restructuring, MCC will focus on building a diversified business system centered on "one core, two mainstays, and five specialties." It will plan the top-level design for technology industrial projects, drive the deep integration of technological and industrial innovation, explore new business avenues, and cultivate new growth engines, all aimed at achieving high-quality development and enhancing long-term operational performance.
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