MTR Corp Ltd
HKEX:66

Watchlist Manager
MTR Corp Ltd Logo
MTR Corp Ltd
HKEX:66
Watchlist
Price: 31.02 HKD -1.02% Market Closed
Market Cap: 193.1B HKD

MTR Corp Ltd
Investor Relations

MTR Corporation Limited, commonly known as MTR, is a prominent player in the urban transit ecosystem, primarily responsible for operating Hong Kong's renowned Mass Transit Railway system. Born out of the bustling metropolis's need for an efficient and reliable public transportation system, MTR has successfully evolved into a multi-faceted enterprise. At the core of its operations, the company manages an extensive network of trains that crisscross Hong Kong, providing millions of passengers daily with swift and dependable transport solutions. This impressive rail network underscores MTR's expertise in urban mobility, ensuring its position as a backbone of the city’s infrastructure.

Beyond the tracks, MTR exemplifies innovation in how it maximizes profitability through its "rail plus property" business model. Recognizing the strategic advantages of symbiotic urban development, MTR has invested in real estate projects around its station hubs and railway lines. This dual focus not only generates substantial revenue from property sales and leasing but also feeds back into ridership growth, as well-developed areas attract more passengers. By intertwining transportation and real estate, MTR has crafted a sustainable financial ecosystem that seamlessly integrates the dynamics of railway infrastructure with residential and commercial real estate development. This model not only bolsters its financial standing but also reaffirms its pivotal role in shaping Hong Kong's urban landscape.

Show more
Loading
66
Hang Seng (Hong Kong)
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q2 2025
Call Date
Aug 14, 2025
AI Summary
Q2 2025

Solid Profit: Underlying business profit for the first half was HKD 8.9 billion, with net profit attributable to shareholders at HKD 7.7 billion.

Strong Cash Position: MTR reported nearly HKD 90 billion in available cash and undrawn committed facilities as of June 2025.

Dividend Declared: The board declared an interim ordinary dividend of HKD 0.42 per share.

Major Investment: MTR is entering a significant railway investment phase, with about HKD 140 billion allocated for new projects and HKD 65 billion for asset upgrades over five years.

Rail Plus Property Model: Profits from property development, which reached HKD 5.5 billion after tax, remain key to funding future railway investments.

Future Projects: Key new rail lines and the Northern Link project are progressing, with a target to commission by 2034.

CEO Transition: Dr. Jacob Kam will step down as CEO at the end of the year, with Ms. Jeny Yeung named as successor.

Key Financials
Underlying Business Profit
HKD 8.9 billion
Net Profit Attributable to Shareholders
HKD 7.7 billion
Dividend per Share
HKD 0.42
Property Development Profit After Tax
HKD 5.5 billion
Recurrent Business Profit (Hong Kong)
HKD 3 billion
Recurrent Business Profit (Outside Hong Kong)
HKD 0.4 billion
Available Cash and Undrawn Committed Facilities
HKD 90 billion
Net Debt-to-Equity Ratio
18.8%
Total Assets
HKD 403 billion
Total Liabilities
HKD 191 billion
Total Equity
HKD 211 billion
Operating Cash Inflow
HKD 6.5 billion
Net Receipts from Property Development
HKD 9.1 billion
Capital Expenditure
HKD 8.6 billion
Maintenance CapEx (included in Capital Expenditure)
HKD 4.8 billion
New Railway Projects CapEx (included in Capital Expenditure)
HKD 3.8 billion
Net Cash Inflow Before Financing
HKD 4.2 billion
Net Increase in Cash
HKD 33.6 billion
Total Group Borrowings
HKD 92.2 billion
Net Borrowings
Decreased by around HKD 19 billion
Average Borrowing Cost
3.7%
Interest Cover Ratio
12.5x
Total CapEx Forecast (2025–2027)
HKD 90.8 billion
Hong Kong Railway Maintenance CapEx (2025–2027)
HKD 36 billion
Total Patronage (Hong Kong)
Over 960 million
Passenger Journeys On-Time Performance
Over 99.9%
Earnings Call Recording
Other Earnings Calls
2025
2018

Management

Dr. Chak-pui Kam
CEO & Executive Director
No Bio Available
Dr. Kar-Yun Lee
Operations & Innovation Director
No Bio Available
Ms. Gillian Elizabeth Meller
Legal & Governance Director and Company Secretary
No Bio Available
Ms. Wai-ching Cheng J.P.
Human Resources Director
No Bio Available
Ms. Mei-Chun Yeung
Managing Director of Hong Kong Transport Services
No Bio Available
Mr. Kwan-wai Wong
Mainland China Business Director
No Bio Available
Mr. Chun-kit Lau J.P.
Member of Technology Advisory Panel & Non-Executive Director
No Bio Available
Ms. Chung-yan Lee
Non-Executive Director
No Bio Available
Mr. Michael George Fitzgerald
Finance Director
No Bio Available
Kwok-wah Jim
General Manager of Corporate Finance
No Bio Available

Contacts

Address
MTR Headquarters Building, Telford Plaza, Kowloon Bay
Contacts
+85229932111.0
www.mtr.com.hk