Majestic Corp H1 Revenue Doubles, Pretax Profit Hits $3.3M
MCJCF sits 31% above its 52-week low of $3.
Summary
Majestic Corporation's interim revenue more than doubled year-over-year for the six months ended June 2026, with pretax profit of $3.30 million and EPS of $0.16. The company attributes the surge to UK market growth, stronger metal margins, and expansion of PCB services. This follows positive guidance issued in late June, and the results confirm the anticipated profit increase. The Wrexham facility is expected to reach full operational capacity by year end, which could further boost output. Continued strong demand for critical minerals amid supply deficits supports the outlook, though commodity volatility and tariffs may create regional price dislocations.
At the time of this announcement, MCJCF was trading at $3.93 on OTC in the Industrial Applications And Services sector, with a market capitalization of approximately $66.8M. The 52-week trading range was $3.00 to $5.19. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.