Hong Kong’s MTR Corp net profit falls 6.9% amid weaker mainland China revenue
The net profit of Hong Kong’s MTR Corporation dropped by 6.9 per cent to HK$14.68 billion (US$1.88 billion) last year, from HK$15.77 billion in 2024, as higher depreciation costs and weaker revenue from the rail giant’s mainland China operations weighed on earnings. The company recorded a property development profit of HK$11.08 billion last year, up…
