MCC's 2026 interim net profit was 2.326 billion yuan, down 24.95% year-on-year

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China Metallurgical Group Corporation released its 2026 interim report. Total operating revenue was 175.907 billion yuan, down 25.94% year-on-year. Net profit attributable to the parent company was 2.326 billion yuan, down 24.95% year-on-year. Net cash flow from operating activities was negative 22.801 billion yuan, a decrease of 816 million yuan year-on-year. The asset-liability ratio was 77.09%, down 1.85 percentage points from the same period last year. Gross margin was 9.80%, down 0.29 percentage points from the same period last year. Return on equity was 1.48%, down 0.57 percentage points from the same period last year. Diluted earnings per share were 0.05 yuan, down 44.44% year-on-year. Total asset turnover was 0.21 times, down 25.10% year-on-year. Inventory turnover was 9.93 times, up 243.34% year-on-year. The company had 361,600 shareholders, and the top ten shareholders held 70.26% of total share capital.

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