Hong Kong’s MTR Corp net profit falls 6.9% amid weaker mainland China revenue

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Hong Kong's MTR Corporation reported a 6.9% decrease in net profit for 2025, falling to HK$14.68 billion (US$1.88 billion) from HK$15.77 billion in 2024. The decline was attributed to increased depreciation costs and reduced revenue from mainland China operations, despite a rise in property development profits. Overall revenue decreased by 7.6% to HK$55.47 billion due to factors including the handover of London's Elizabeth line operations. The company cautioned that a significant portion of earnings will be allocated to maintaining and expanding Hong Kong's rail network, presenting financial challenges. MTR's CEO, Jeny Yeung Mei-chun, anticipates a potentially improved operating environment due to a recovering economy and property sector.
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