MTR Corp Ltd
Company Profile
Business description
MTR constructs and operates Hong Kong's rail network, giving it a monopoly position. In addition to rail operation, the firm makes recurring income from commercial business within the stations. This includes rental of retail outlets and advertisement within the station and investment properties in shopping malls above stations. Residential real estate development forms part of MTR's return for the rail operation. In a normalized environment, average operating profit is approximately 20% in rail operation, 60% in station commercial and property leasing business, and 20% in property development. The Hong Kong government owns 75% of MTR.
Contact
33 Wai Yip Street, MTR Headquarters Building
GPO Box 9916, Telford Plaza
Kowloon Bay, Kowloon
Hong Kong
HKGT: +852 29932111
Sector
Industrials
Stock type
Sensitive
Industry
Railroads
Fiscal Year End
31 December 2024
Employees
31,275
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