BUZZ-HK's MTR Corp set to fall most in nearly 2 years on FY profit drop

Reuters
Mar 13
BUZZ-HK's MTR Corp set to fall most in nearly 2 years on FY profit drop

** MTR Corp 0066.HK falls 6.8% to HK$32.26; set for biggest one-day pct drop since May 2024

** Stock hits lowest since January 21; top pct decliner on Hang Seng Index .HSI, which is down 0.2%

** Hong Kong-based metro operator, with current market valuation of HK$200 bln ($25.55 bln), posts 6.9% y/y drop in 2025 net profit; revenue down 7.6% y/y

** YTD, stock up 8.5%

($1 = HK$7.8267)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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