MTR Corp profits more than double to HK$15.87 billion on property gains

Net profit for Hong Kong’s rail operator more than doubled to HK$15.87 billion (US$2 billion) in the first half of 2026, up from HK$7.70 billion a year earlier, as strong gains from property development offset largely flat performance in its rail and commercial operations. The MTR Corporation reported a 120.7 per cent year-on-year increase in property-development profit, bringing it to HK$12.23 billion, driven mainly by projects at Tai Wai station and The Southside “Package 5” in Wong Chuk...