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The latest announcement is out from MTR ( (HK:0066) ).
MTR Corporation Limited has been granted permission by the Court of First Instance to appeal a decision by the Inland Revenue Board of Review regarding a profits tax assessment. The company, confident in its legal standing, will proceed with the appeal without making additional tax provisions, indicating a potential impact on its financial planning and stakeholder interests.
The most recent analyst rating on (HK:0066) stock is a Sell with a HK$20.00 price target. To see the full list of analyst forecasts on MTR stock, see the HK:0066 Stock Forecast page.
More about MTR
MTR Corporation Limited is a company incorporated in Hong Kong, primarily operating in the transportation industry. It is known for its railway services and plays a significant role in Hong Kong’s public transport system.
Average Trading Volume: 6,618,865
Technical Sentiment Signal: Hold
Current Market Cap: HK$164.2B
Learn more about 0066 stock on TipRanks’ Stock Analysis page.