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| HSI1 | 25,396.51 | 0.00 | -- |
| HSCEI1 | 8,426.49 | 0.00 | -- |
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2026-08-13 16:46:51 MTR CORPORATION (00066.HK) announced its interim results for the six months ended June 2026. Revenue fell 4.1% YoY to HKD26.231 billion. Net profit rose 105.9% YoY to HKD15.872 billion, with EPS at HKD2.55. The interim DPS was maintained at HKD0.42. During the period, profit from property development spiked 120.7% YoY to HKD12.233 billion, mainly arising from Tai Wai Station and THE SOUTHSIDE Package 5. Much of the profit would contribute to its asset replacements and management as well as new railway projects. The tender of Kam Sheung Road Station Phase 2 property project was awarded in April 2026. Subject to the progress of construction and sales, the group expected to book property development profit from THE SOUTHSIDE Package 6 and the Yau Tong Ventilation Building project and continue to book profit from Tai Wai Station in the second half of 2026. The tendering of the Tuen Mun A16 Station Package 2 property development project was launched in July 2026. Subject to market conditions, the group expected to tender two projects in the coming 12 months or so. In terms of existing projects, the group had eight residential property projects under construction and along with the completed residential property projects, the group anticipated to contribute about 9,300 units to the market for sale while supporting the development of new rail lines. ~ AASTOCKS Financial News Website: www.aastocks.com | |