Metallurgical Corp. of China (SHA:601618, HKG:1618), or MCC, said that the value of its newly signed contracts from January to July reached over 611.3 billion yuan, down 19% from a year prior, according to a Wednesday filing with the Hong Kong bourse.
Of the total, newly signed overseas contracts rose 38% in value to 61.3 billion yuan in the period.
In July alone, the firm signed three contracts with a value of over 1 billion yuan each.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.