MTR Corp Ltd0066
▲ PositiveCapitalDemandrelevance
Net profit surged to HKD15.9B driven by one-off property profits and lower interest charges.
Impact on stocks 1
Industrials
MTR Corp LtdMTR 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.
MTR Corp LtdNet profit surged to HKD15.9B driven by one-off property profits and lower interest charges.