MTR Corp Ltd
00066: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.x@ | LOCK|cb<F | LOCK|<&!gyFH |
MTR Earnings: Positive Long-Term Growth Despite High Capital Expenditure; Shares Undervalued
MTR's first-half revenue declined 7% year on year, mainly dragged by an 18% drop in revenue from mainland China and international markets. However, net income rose 28% year on year, given strong profits from its development property business. Interim dividend of HKD 0.42 is flat against last year.
