Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

Company - Domestic
 Search News  Or
MTR posts 33% drop in net profit for H1

Aug. 14, 2012 (China Knowledge) - MTR Corp<0066>, the operator of Hong Kong's subway system, has announced that its net profit fell 33% YoY to HK$5.86 billion in the first half of this year, due to decreases in property sales and property revaluation gains.

The largest public transportation provider in Hong Kong proposed an interim dividend of 25 HK cents, the same as last year.

MTR saw its revenue rise 6.1% YoY to HK$17.15 billion in the first half.

Revenue from rail and bus operations grew 6.8% YoY to HK$6.91 billion in the first six months. Total passenger volume increased 4.5% to 850.5 million in the period.

The company, 77% owned by the Hong Kong government, recorded HK$1.74 billion in gains from property revaluations, down from HK$4.41 billion in the same period of 2011.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved