tiprankstipranks
Trending News
More News >

MTR Corporation Reports Strong Mid-Year Growth

MTR Corporation Reports Strong Mid-Year Growth

MTR (HK:0066) has released an update.

Confident Investing Starts Here:

MTR Corporation Limited reported a robust financial performance for the first half of 2024, with a 6.2% increase in total revenue and a significant 44.7% rise in net profit attributable to shareholders. The company saw substantial growth in profits from recurrent businesses and property development, though it experienced a decrease in gains from fair value measurement of investment properties. Despite global economic uncertainties, MTR declared an interim ordinary dividend of HK$0.42 per share, reflecting confidence in its operational excellence and efficient financial management.

For further insights into HK:0066 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1