Minmetals Capital's (SHA:600390) net profit attributable to shareholders in the first half dropped 41.5% to 525.5 million yuan from 897.8 million yuan a year earlier, according to a Shanghai bourse filing on Wednesday.
The Chinese metallurgical engineering company's earnings per share fell 47% year on year to 0.08 yuan from 0.15 yuan.
Operating revenue soared 145% to 623.3 million yuan from 254.6 million yuan in the preceding year, the filing said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments