Is the MTR profitable?

Hong Kong's MTR Corporation reported HK$2.43 billion (US$311.5 million) in profits from recurrent business in the first half of the year, rebounding from a HK$678 million loss in the same period in 2022, as the rail giant accelerated out of the coronavirus crisis.



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Originally Answered: How can the the Hong Kong MTR (metro transportation) be so cheap? The answer is simple, the MTR and Airport Express networks comprise a total of 93 stations and carry an average of about 4.84 million passengers per day. If there were fewer passengers, it would be much more expensive.

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Hong Kong's MTR Corporation runs the most valuable metro railway in the world. In 2017 it banked US$2.2 billion (HK$17 billion) profit, more than enough to buy seven Boeing 777 jets.

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Well, according to a new study, it's also the top transit system in the world. Despite having millions of passengers daily, the MTR is still so convenient and efficient that it can bring you almost anywhere in the city with spotless connections. In fact, it boasts a 99.9% punctuality rate.

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Whether you are travelling for business or leisure, you can explore more destinations with the reliable and comfortable High Speed Rail service. Speedy: Running at 200km/h in the Hong Kong Section and up to 350km/h in the Mainland Section, High Speed Rail is the fastest cross-boundary land transport in Hong Kong.

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Total debt on the balance sheet as of December 2022 : $6.15 B.

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With regular scheduled train services meaning a planned timetable, passenger Train Drivers work reasonably predictable shift patterns. On average, most operators work to a 35 hour week. Although some work more. A 35 hour week which is generally averaged out over the whole year, shift cycle or similar.

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There is no doubt that there is a lot of responsibility on train drivers and the role can be physically and mentally demanding. It also takes a lot of training, and competition is fierce.

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As Hong Kong is very densely populated, there would be no physical space for another railway network to perform in Hong Kong. The MTR already connects a large number of Hong Kong areas to each other, and while the MTR line can be extended, there could not be another corporation competing in the same field.

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