MCC announces Q1 2025 results, proposes amendments to articles

Metallurgical Corporation of China (MCC) (HKEX:1618) announced a decrease in major operating information for the first quarter of 2025. Newly-signed contracts reached RMB230.66 billion, a 27.2% year-on-year decrease, with overseas contracts specifically decreasing by 35.7% to RMB12.04 billion. The results reflect downturns across key sectors, including metallurgical works and operation services, where newly-signed contracts decreased by 37.2%, and housing construction works, down 42.4%. Municipal and infrastructure works also saw a decrease of 14.1%.