GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MTR Corp Ltd (OTCPK:MTCPY) » Definitions » Money Market Investments

MTR (MTCPY) Money Market Investments


View and export this data going back to 2017. Start your Free Trial

What is MTR Money Market Investments?

Money Market Investments only applies to banks.


MTR Business Description

Traded in Other Exchanges
Address
33 Wai Yip Street, MTR Headquarters Building, GPO Box 9916, Telford Plaza, Kowloon Bay, Kowloon, Hong Kong, HKG
MTR constructs and operates Hong Kong's rail network, giving it a monopoly position. In addition to rail operation, the firm makes recurring income from commercial business within the stations. This includes rental of retail outlets and advertisement within the station and investment properties in shopping malls above stations. Residential real estate development forms part of MTR's return for the rail operation. In a normalized environment, average operating profit is approximately 20% in rail operation, 60% in station commercial and property leasing business, and 20% in property development. The Hong Kong government owns 75% of MTR.