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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 CEST

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 2017 252 448 M
EBIT 2017 11 547 M
Net income 2017 6 600 M
Debt 2017 31 360 M
Yield 2017 1,39%
P/E ratio 2017 16,29
P/E ratio 2018 12,95
EV / Sales 2017 0,51x
EV / Sales 2018 0,40x
Capitalization 97 484 M
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Mean consensus OUTPERFORM
Number of Analysts 5
Average target price 4,50  CNY
Spread / Average Target -11%
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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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