星展：升港铁公司目标价至31.15港元 维持“买入”评级

Core Viewpoint - DBS has released a report indicating that MTR Corporation (00066) experienced a 55% increase in basic business profit to HKD 8.93 billion in the first half of the year, exceeding the bank's expectations [1] Group 1: Financial Performance - MTR's basic business profit rose to HKD 8.93 billion, reflecting a significant growth of 55% [1] - The increase in residential project completions is expected to lead to a substantial rise in property development profits, projected to reach HKD 12.8 billion and HKD 10.7 billion in 2025 and 2026, respectively [1] Group 2: Future Outlook - The continuous growth in MTR's residential business is anticipated to positively impact its future profitability and stock performance [1] - DBS has raised the target price for MTR from HKD 30.3 to HKD 31.15, maintaining a "buy" rating [1]