Browsing: MTR

The MTR’s FY14 underlying net profit of HKD11,571m, up 34.5% y-y, was in line with Nomura’s forecast and 7% ahead of consensus. According to a research note from Nomura, this is thanks to solid domestic railway

Hong Kong’s MTR Corporation has awarded its major contractors for their outstanding performance and dedication in construction quality, worksite safety, environmental management and stakeholder engagement in its predominantly tunnelled five new railway projects. It has been the

The Government plans to preserve in situ archaeological features unearthed at the To Kwa Wan Station construction site of the Sha Tin to Central Link. Secretary for Development Paul Chan told the media today the conservation plan

More concerns over costs and responsibility of the Express Rail Link project delay The Secretary for Transport and Housing Professor Anthony Cheung Bing-leung has stated that the completion date of the Express Rail (Link) project will be

Secretary for Transport & Housing Prof Anthony Cheung today urged the MTR Corporation to revisit its cost estimates for construction of the Express Rail Line. Prof Cheung told reporters that the corporation has given a figure

The Government has urged the MTR Corporation to propose a comprehensive and practicable solution for overruns in the Express Rail Link Hong Kong section and to better manage the risks involved. The call comes after the

The MTR Corporation appointed four new directors today. They include three new independent non-executive directors – James Kwan, Lucia Li and Benjamin Tang – appointed by the corporation, and one non-executive director – Permanent Secretary for