HK Stock Market Move | Metallurgical Corporation of China (01618) fell more than 5%, with a year-on-year decrease of 67.52% in net profit for the third quarter to 871 million yuan.

Metallurgical Corporation of China (01618) fell more than 5%, falling 5.36% to HKD 2.47 as of the time of writing, with a turnover of HKD 816.048 million. On the news front, Metallurgical Corporation of China released its performance for the first three quarters, achieving operating income of RMB 335.094 billion, a year-on-year decrease of 18.79%; net profit attributable to shareholders of the listed company was RMB 3.97 billion, a year-on-year decrease of 41.88%. Looking at the third quarter alone, the company's operating income in the third quarter was RMB 97.561 billion, a year-on-year decrease of 14.25%; net profit attributable to the mother was RMB 0.871 billion, a year-on-year decrease of 67.52%. In addition, Metallurgical Corporation of China announced that the company's new contract value from January to September 2025 was RMB 760.67 billion, a decrease of 14.7% year-on-year, with new contracts in the third quarter at RMB 212.47 billion, a decrease of 0.7% year-on-year.