Core Viewpoint - China Metal Resources Utilization (01636) reported a significant decline in revenue and continued losses, indicating challenges in operations and market conditions [1] Financial Performance - The company achieved a revenue of 341 million yuan for the six months ending June 30, 2025, representing a year-on-year decrease of 24.96% [1] - The loss attributable to shareholders was 208 million yuan, a reduction of 6.16% compared to the previous year [1] - The loss per share was 0.46 yuan [1] Sales and Operations - The company sold 4,877 tons of recycled copper products, generating sales revenue of 339 million yuan from these products [1] - Due to a lack of operating funds and poor conditions in the real estate sector, the company's communication cable and power distribution cable businesses have not resumed operations, with most products already sold [1] - The company anticipates that once it secures sufficient operating funds, it will be able to restore the two downstream businesses as the real estate market begins to stabilize [1]

Core Viewpoint - China Metal Resources Utilization (01636) reported a significant decline in revenue and an increase in losses for the six months ending June 30, 2025, primarily due to insufficient operating capital and unfavorable conditions in the real estate sector [1] Financial Performance - The company achieved a revenue of 341 million yuan, representing a year-on-year decrease of 24.96% [1] - The loss attributable to shareholders was 208 million yuan, a year-on-year decrease of 6.16% [1] - The loss per share was 0.46 yuan [1] Sales and Operations - The company sold 4,877 tons of recycled copper products, generating sales revenue of 339 million yuan from these products [1] - The communication cable and power distribution cable businesses have not resumed operations due to a lack of operating capital and poor market conditions in the real estate sector [1] - Most products have been sold, and the company anticipates a recovery in these two downstream businesses once sufficient operating capital is obtained and the real estate market stabilizes [1]