MTR Corp Ltd

MTR Corporation Limited designs, constructs, operates, maintains, and invests in railways across Hong Kong, Australia, Mainland China, Macao, Sweden, and the United Kingdom. Its business segments include Hong Kong transport operations, station commercial businesses, property rental and management, property development, Mainland China and international railway and property businesses, and other operations. The company provides passenger services on the domestic mass transit railway, Airport Express, cross-boundary connections, light rail and bus feeder services, and intercity transport. It also engages in railway project management, property development and investment, station commercial activities such as retail and advertising leasing and telecommunications enabling, and offers railway management, engineering, and technology training services. Founded in 1975, MTR Corporation Limited is headquartered in Kowloon Bay, Hong Kong.

0066.HK▲2

MTR Corp H1 2026 Net Profit Surges to HKD15.9 Billion

MTR Corporation reported a surge in net profit to HKD15.9 billion for the first half of 2026, driven by one-off property development profits from Tai Wai Station and Southside Package 5. Recurrent business profit increased slightly to HKD3.4 billion, supported by higher revenue from Hong Kong transport operations and lower net interest charges. Hong Kong transport operations recorded an EBIT loss of HKD141 million due to higher maintenance expenses, absence of fare increases, and increased depreciation. The company raised HKD58 billion in funding, including the largest HKD bond issuance in history, with average borrowing costs reduced to 3.5%. MTR also secured a 15-year operating right for Sydney Metro West and opened the Shenzhen Metro Line 13 Phase 2 extension.

0066.HK ▲

GuruFocus·32dRead more →