Summary by Moomoo AI
MTR Corporation has released its 2024 interim report, with total revenue reaching HKD 29.3 billion, a year-on-year increase of 6.2%. Operating profit from regular business reached HKD 4 billion, a year-on-year increase of 66.3%. Profit from property development reached HKD 1.7 billion, a year-on-year increase of 137.7%. The fair value measurement gain from investment properties reached HKD 0.3 billion, a year-on-year decrease of 72.7%. Shareholders' net profit reached HKD 6 billion, a year-on-year increase of 44.7%. The interim dividend per share of ordinary shares remained at HKD 0.42, the same as the 2023 interim period. Total assets and net assets reached HKD 361 billion, a year-on-year increase of 4.2%. The net debt to equity ratio was 27.5%, an increase of 1.0 percentage point from the end of 2023.
