2025-08-14 01:30Financial Performance - Revenue from recurrent businesses in Hong Kong increased by 1.9% to HK$17,163 million[40] - Revenue from recurrent businesses outside Hong Kong decreased by 18.1% to HK$10,183 million[40] - Property development profit (post-tax) increased by 221.1% to HK$5,530 million in Hong Kong and decreased by 33.3% to HK$12 million outside Hong Kong[40] - Underlying business profit increased by 55.0% to HK$8,933 million[40] - Reported net profit attributable to shareholders of the company increased by 27.5% to HK$7,709 million[40] Railway Projects and Investment - The company is allocating HK$140 billion in new railway projects[18] - HK$65 billion is allocated for maintenance and upgrades of railway assets between 2023 and 2027[18, 24] - Capital expenditure & investments: Hong Kong New Railway Projects account for 44% (HK$39.8 billion), Hong Kong Railway Maintenance CAPEX accounts for 39% (HK$36.0 billion), Mainland China & Overseas Investments account for 14% (HK$12.4 billion), and Hong Kong Property accounts for 3% (HK$2.6 billion) of the total HK$90.8 billion estimated spend from 2025-2027[52] Operational Highlights - On-time passenger journeys on the heavy rail network maintained at >99.9%[24] - Patronage reached >960 million[24] - MTR's market share of Hong Kong franchised public transport was 50.0% from Jan-May 2024 and 50.1% from Jan-May 2025[64] - Net Debt / Equity ratio decreased from 31.6% as at 31 Dec 2024 to 18.8% as at 30 Jun 2025[48]