MTL released its 2024 annual performance, with a net loss attributable to the parent company of 1.055 billion yuan
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MTL released its 2024 annual report, with revenue of 1.417 billion yuan, a year-on-year decrease of 86.69%; net loss attributable to the parent company of 1.055 billion yuan, a year-on-year increase; non-recurring net profit loss of 1.119 billion yuan, a year-on-year increase; basic earnings per share of -1.86 yuan. The decrease in revenue and net profit is mainly due to the impact of the development cycle and engineering schedule of ongoing projects
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