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

Hong Kong’s MTR Corp net profit falls 6.9% amid weaker mainland China revenue Profit drops to HK$14.68 billion with rail giant citing lower mainland and overseas project contributions 3-MIN READ 0 Listen Further Reading Hong Kong’s MTR Corp to launch new Tsuen Wan line signalling system in March MTR Corp under pressure to explain if human error behind Island line shutdown Discover MORE stories on Hong Kong transport now and stay updated with Man injured after lithium battery catches fire on Hong Kong bus More Hong Kong drivers head to mainland China to refuel as oil prices rise Man held after Hong Kong bridge crash injures 11, disrupts airport-bound traffic related topics Hong Kong transport MTR Corporation | Hong Kong economy | Hong Kong | Mainland China | Australia | Melbourne | Britain | Jeny Yeung Mei-chun NEWSLETTEREvery Friday News and stories on women trailblazers, social issues and gender diversity in Asia. By registering, you agree to ourT&CandPrivacy Policy Before you go scmp poll Lam Ka-sing Published: 5:27pm, 12 Mar 2026Updated: 10:17pm, 12 Mar 2026 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 from HK$10.27 billion in 2024, with income generated from projects including The Southside, Lohas Park and Ho Man Tin station. But the MTR Corp warned on Thursday that a substantial portion of its earnings would be allocated to asset maintenance, upgrades, replacements and the expansion of the city’s extensive rail network, which it said posed “considerable financial challenges”. “While the macroeconomic situation remains challenging – particularly in relation to consumer behaviour and spending – the improving economic landscape and property sector