Minmetals Development released its 2026 interim report. Total operating revenue was 23.936 billion yuan, down 11.28% year-on-year. Net profit attributable to the parent company was 5.8457 million yuan, a sharp decline of 94.57% year-on-year. Net cash flow from operating activities was negative 1.837 billion yuan, a year-on-year decrease of 95.9354 million yuan. The company's asset-liability ratio was 69.77%, gross margin was 3.17%, ROE was 0.08%, and diluted earnings per share was negative 0.02 yuan. The number of shareholders was 57,800, and the top ten shareholders held 65.34% of the total share capital.
Minmetals Development Co LtdNet profit fell 94.57% year-on-year, with negative operating cash flow and weak margins.
