MTR Corporation reported an 8.4% increase in revenues in 2016, driven by the Hong Kong state-owned operator’s expansions abroad.
MTR achieved $5.82 billion with increases in all business segments, and is set to expand its UK footprint later this year when it takes over the running of the South West Trains franchise from Stagecoach as part of a joint venture with First Group.
We've read it in: International Railway Journal, April 2017, p14