Metallurgical Corporation of China (01618) expects the net profit attributable to shareholders to decrease by more than 50% year on year in 2025.

Metallurgical Corporation of China (01618) announced that, according to the preliminary calculation by the company's finance department, it is expected to achieve profitability in 2025. However, the net profit attributable to the owners of the parent company is expected to decrease by over 50% compared to the previous year. The main reasons for this are the losses in the company's real estate business in 2025, as well as increases in provisions for impairment of various assets such as inventory, fixed assets, and investment properties. Additionally, the company's income has declined due to the downturn in the construction industry. In 2026, with the basic completion of the disposal of real estate business assets, the company will gradually overcome the drag of the real estate business performance losses. Combining with the "15th Five-Year Plan" and the strategic adjustment of business structure, the company will focus on the construction of a diversified business system around the "one core, two main bodies, and five characteristics". They will plan the top-level design of technology industry projects, promote deep integration of technology innovation and industrial innovation, open up new tracks, and create new engines to help the company achieve high-quality development and improve long-term performance.