Movement Alert|MTR CORPORATION Rises 3.03% in Regular Trading, H1 Profit Doubles Year-on-Year to HK$15.9 Billion

Market Focus
08/14

On August 14, MTR CORPORATION rose 3.03% in regular trading, reaching HK$33.28 per share, with turnover of HK$72.66 million.

On the news front, MTR CORPORATION reported its H1 interim results after market close on August 13, revealing a 106% surge in profit attributable to shareholders to HK$15.9 billion from HK$7.71 billion a year earlier. Earnings per share rose to HK$2.55 from HK$1.24 previously. Total revenue slipped 4.1% to HK$26.2 billion. The company declared an unchanged interim dividend of HK$0.42 per share, payable September 15.

The results significantly exceeded analyst expectations. JP Morgan had previously forecast H1 revenue of approximately HK$27 billion and pre-perpetual securities profit of about HK$7.8 billion. The bank maintained an Overweight rating with a target price of HK$39, citing the market underestimating MTR as a Hong Kong recovery beneficiary. Strong cross-boundary ridership, including record H1 high-speed rail patronage exceeding 16 million, and property development profit recognition supported the outperformance.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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