MTR Corporation's Half-Year Profit Surges 106% Driven by Real Estate Windfall

Hong Kong's MTR Corporation reported a net profit of HK$15.87 billion for the first half of 2026, more than double the HK$7.70 billion from a year earlier. The surge was fueled by a 120.7% jump in property-development profit to HK$12.23 billion, mainly from projects at Tai Wai Station and The Southside, while rail and commercial earnings remained largely flat.