MTR Corporation (MTR) is one of the world’s leading rail-based transport service providers. Carrying 5.1 million passengers every weekday in its home base of Hong Kong, MTR is recognised for setting the highest standards in safety, reliability, customer service and cost efficiency.
At present, MTR operates nine rail lines, the Airport Express, light rail and feeder bus services as well as intercity trains to Beijing, Shanghai and Guangdong Province in the Mainland of China.
With advanced capabilities in engineering, design and systems integration, the Corporation is also undertaking construction of five new railway projects in Hong Kong, most having interfaces with the existing rail lines, including a high-speed Express Rail Link connecting to the Mainland of China.
Besides transport operations, MTR is involved in other business segments such as development of residential and commercial projects, property leasing, advertising and telecommunication services.
Building on its success in Hong Kong, the Corporation has expanded into the Mainland of China and internationally, starting with its involvement in operating the London Overground system in the United Kingdom since 2007.
MTR currently operates the Stockholm Metro in Sweden, the Melbourne train system in Australia, three rail lines in Beijing and one each in Shenzhen and Hangzhou. It is also taking its successful Railway + Property model for community development to the Mainland of China through projects in Shenzhen and Tianjin.
Originally established in 1975 as a government-owned entity, MTR Corporation was listed on the Stock Exchange of Hong Kong through an IPO in 2000 with the Hong Kong SAR Government retaining a 76.6% shareholding. Group revenues in 2012 reached HK$35.7 billion, an increase of 6.9% year on year. Underlying profit attributable to equity shareholders, excluding adjustments for property revaluation, stood at HK$9.78 billion, a decrease of 6.6% compared to 2011.