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4-Traders Homepage  >  Equities  >  SHANGHAI STOCK EXCHANGE  >  Metallurgical Corporation of China Ltd.    601618   CNE100000FX6

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Metallurgical Corporation of China Ltd. : CMTCC Group Participates Seminar with Arabian Officials in Tianjin

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06/28/2013 | 08:37am CET

The staff from the International Branch of MCC Tiangong Construction Group (CMTCC Group) took part in the seminar held by Tianjin Municipal Commerce Committee for Arabian officials and representatives of Chinese enterprises on June 26, 2013.
The purpose of this seminar is to assist Chinese enterprises to learn about the investment market and policies in Arabian countries, and encourage Chinese enterprises to explore overseas market in this region. At the conference, the staff of CMTCC Group listened to the briefing on the investment environment and policies made by officials from various governmental institutions (such as Cabinet's Affairs, Investment Promotion Bureau, Ministry of Cooperation, Ministry of Public Engineering, Ministry of Economy and the relevant financial institutions) from Sudan, Djibouti, Tunisia, Palestine, Yemen and Oman. Afterwards CMTCC Group staff gave a brief introduction to the corporate scale, qualification, business scope and the overseas projects undertaken in recent year. After the seminar, they conducted communication with these officials, expressed the competence and wishes for undertaking more overseas contracts and got active feedback from the foreign representatives.



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Financials ( CNY)
Sales 2016 233 564 M
EBIT 2016 9 419 M
Net income 2016 5 764 M
Debt 2016 46 459 M
Yield 2016 1,20%
P/E ratio 2016 16,88
P/E ratio 2017 14,54
EV / Sales 2016 0,57x
EV / Sales 2017 0,48x
Capitalization 87 670 M
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Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 5,69  CNY
Spread / Average Target 14%
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Meng Xing Zhang President
Wen Qing Guo Chairman
Shi Yu Li Chairman-Supervisory Board
Hai Qing Peng Member-Supervisory Board & Deputy Head-Finance
Zhao Xiang Zhang Vice Chairman
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