Shares of MCC (01618) fell nearly 6% in Hong Kong trading on Tuesday. As of the time of writing, the stock was down 5.88% at HK$1.36, with a turnover of HK$15.78 million.

On the news front, the company released its interim results for 2026, reporting revenue of RMB 175.907 billion for the period, a decrease of 25.94% year-on-year. Net profit attributable to shareholders of the listed company stood at RMB 2.326 billion, down 24.95% from the same period last year.

Looking at the second quarter alone, the company generated revenue of RMB 83.703 billion, a year-on-year decline of 27.38%. Quarterly net profit attributable to shareholders was RMB 693 million, a sharp drop of 53.53% compared with the prior-year period.

Regarding the revenue decline, the company attributed it to a proactive restructuring of its business portfolio aimed at refocusing on its core operations, prioritizing segments that deliver profitability and positive cash flow. In the first half, revenue from its main business segments fell 29.2%, while revenue from core business lines decreased by 5.11%.