While we ride the mtr (mass transit railway corporation) daily as our choice of commute, few get a glimpse behind the business and mechanics of the state of the art transportation system so what are the secrets behind running such an efficient and profitable transportation system in hong kong. The hong kong tax authorities will send out a form entitled profits tax return 18 months after the registration of the company the company will be liable for tax if: it has its own premises in hong kong and employs staff the company is partly or wholly managed on hong kong territory. This case study presents how a property development programme has been used to finance hong kong's public transport system and discusses while most metro systems worldwide depend heavily on public financial support, mtrc operates without government subsidy and is highly profitable.
Breaking down consulting case interview frameworks - profitability welcome back to our series on using frameworks to break down consulting case interviews why, you ask think of it like this: if business is like our solar system, then profit (also known in simple circles as cold hard cash) is the. Mtr's railway system covers 221 kilometers and is used by more than five million people each weekday it not only performs people in hong kong are accustomed to living close to transit facilities and are inclined to appreciate the convenience of linked railway and property developments. Mtr runs hong kong's mass transit railway (mtr) , and is also a major property developer and landlord in hong kong it also invests in railways in different parts in the world, and has obtained the mtr has continued to be one of the few profitable public transport systems in the world.
Taking the mass transit railway (mtr) is one of the most convenient ways to travel in hong kong it is efficient, quick and cheap hk mtr system map know your mtr lines and stations here is an overview of each mtr line highlighting the attractions and points of interest you can find on each one. Learn to crack profitability framework consulting cases, which are the number 1 reason for real consulting projects and hence are an important the most common case type in consulting interviews: the profitability case profit questions are the number 1 reason for most consulting projects. The mtr has become an indispensable part of residences' lives in hong kong hong kong is a famous international economic center with the 4th the system passes the area with high population density, like the mong kok station in new territories and the central station at hong kong island.
Update: mtr corporation, hong hong's metro train operator in january 2012, i wrote a short article on mtr corporation, the leading railway operator in hong kong compared to the subway systems in places like london, new york and washington dc, mtr seems to the best. The hong kong mtr is considered one of them most profitable transit systems in the world, where 90% of residents take transit according to a blog post and comment below (gas prices in hong kong), this is about 1513 hkd per liter for gasoline, or 199 usd per liter, or 8 usd per gallon.
The mtr system in hong kong works similarly to other underground systems in the world to change from one line to another you look for an interchange station that intersects both lines and to find the direction of your train, you look on the map for the name of the last station on the line in the direction. The mass transit railway (mtr chinese: 港鐵 cantonese yale: góngtit) is a major public transport network serving hong kong operated by the mtr corporation limited (mtrcl. The mtr (mass transit railway) is the most popular public transport and a very convenient way of traveling thoughout the city the mtr consists of over 80 stations the stations are clean and conveniently located in all major places one of the most impressive things about hong kong mtr is. The mtr system in hong kong is fully constructed, operated, and maintained without a financial in 2000, mtrc was privatized and began trading on the hong kong stock exchange as the mtr vii takeaways key takeaways from the hong kong mass transit railway corporation case for us. The mtr system was established as a public entity in 1973-74 before being privatized as the mtr corporation in 2000 the move was part of a series with around 16 billion passengers per year, it's by far the most popular transportation mode in hong kong passenger boardings increased with the.
Mass transit railway corporation hong kong. The mass transit railway (mtr) is the rapid transit railway system in hong kong it is one of the most profitable systems in the world, with a high farebox recovery ratio of 186% opened in 1979, the system now includes 2182 km (1356 mi) of rail with 155 stations, including 87 railway stations and. Chi zhang professor erick guerra background case: profitable mtr system in hong kong 24 march 2014 the mtr has become an indispensable part of residences' lives in hong kong hong kong is a famous international economic center with the 4th highest population density in the world. Whenever an app runs in the background, it consumes some of the device's limited resources, like ram this can result in an impaired user experience, especially if the user is using a resource-intensive app, such as playing a game or watching video.
Mtr, or mass transit railway, is the rapid transit railway system in hong kong the railway network consists of ten urban lines, one airport express line which connects the airport and downtown, one light rail system with 12 routes serving the northwest new territories, and one tourist cable car. Hong kong's mtr corporation, one of the most profitable rail firms in the world, has become embroiled in a series of scandals, with one issue after cutting steel bars in this case is certainly not good practice it is unheard of, hong kong construction association president allan chan sau-kit said.
The mass transit railway is the rapid transit railway system in hong kong it is the most profitable system in the world, with a high farebox recovery ratio of 186% opened in 1979, the system now includes 2182 km of rail with 152 stations, including 84 railway stations and 68 light rail stops. Background case: profitable mtr system in hong kong essay - in 2007, the mtrcl and kcrc were combined together to become the only railway operator in hong kong (chan, 2012) after the merge, kcrc kept the capital ownership and outsourced the railway operations to mtrcl by getting. While most mass transit systems require subsidies to cover expenses (and still operate at a loss), the mtr boasted an operating margin close to 54% for its hong kong segment in 2016 for comparison, only about 2% of the more than 1,800 mass transit systems in the us report fare revenue.