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Story summary
- MTR Corporation (Hong Kong) reported net profit of HK$14.68 billion for the year, down from HK$15.77 billion in 2024, due to higher depreciation, reduced mainland China revenue, and a HK$380 million Hangzhou Metro Line 1 impairment.
- Property development profits rose to HK$11.08 billion, driven by The Southside and Lohas Park.
- CEO Jeny Yeung Mei-chun noted ongoing financial challenges from asset maintenance and upgrades.
