MCC's Q3 Profit Soars 177% Despite 14% Fall in Revenue

MT Newswires Live

2024/10/30

Metallurgical Corp. of China (SHA:601618) or MCC's attributable profit surged 177% year over year to 2.68 billion yuan in the third quarter, according to a Wednesday filing with the Shanghai Stock Exchange.

Earnings per share at the construction engineering company increased 160% year over year to 0.13 yuan.

Operating income fell 14% year over year to 113.8 billion yuan.

Shares rose nearly 1% during Wednesday's trading.

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