CMRU released its interim results, with a loss attributable to shareholders of 208 million yuan, a year-on-year decrease of 6.16%
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China Metal Resources Utilization released its interim results for the period ending June 30, 2025, with a revenue of 341 million yuan, a year-on-year decrease of 24.96%; a loss attributable to shareholders of 208 million yuan, a year-on-year decrease of 6.16%; and a loss per share of 0.46 yuan. The company has sold 4,877 tons of recycled copper products, generating sales of 339 million yuan. Due to insufficient working capital and a poor real estate market, the telecommunications cable and power distribution cable businesses have not yet recovered, and it is expected that operations will resume after the market stabilizes
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