Mtr Corp Ltd U/Adr (MTCPY) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.295 Friends of the media, greetings. I am Linda Choi, Director, Corporate Affairs 00:00:05.295 -- 00:00:10.799 and Branding. Welcome to the 2026 Interim Results Announcement 00:00:10.799 -- 00:00:16.382 for MTR. First of all, to introduce our representatives on this stage, 00:00:16.382 -- 00:00:20.648 seated in the middle is our CEO, 00:00:20.648 -- 00:00:25.892 Miss Jenny Yeung. On her right are Mr. David Tang, 00:00:25.892 -- 00:00:30.715 Managing Director, Property and International Business, and Mr. 00:00:30.715 -- 00:00:34.357 Wilson Kwong, Hong Kong Transport Services Director. 00:00:34.357 -- 00:00:39.781 And on Ms. Yeung's left are Mr. Michael Fitzgerald, Finance 00:00:39.781 -- 00:00:45.205 Director, Mr. Carl Deflin, Capital Works Director, and also Mr. 00:00:45.205 -- 00:00:49.007 Sami Wong, Chinese Mainland Business Director. 00:00:49.007 -- 00:00:53.148 The session will be held mainly in Chinese today. 00:00:53.148 -- 00:00:58.190 First of all, Ms Yeung will succinctly go through the 2026 interim 00:00:58.190 -- 00:01:03.191 results, and after that, Mr Michael Fitzgerald will briefly go through the 00:01:03.191 -- 00:01:07.693 financials. First of all, Ms Jenny Yeung. Please. 00:01:07.693 -- 00:01:13.397 And then she will be speaking in English to go through the summary. 00:01:13.397 -- 00:01:18.501 We will have a Q&A session in the end but because of time limitation 00:01:18.501 -- 00:01:23.624 as we want to very much answer all your questions if we cannot do so 00:01:23.624 -- 00:01:28.306 because of time limitation we seek your understanding. 00:01:28.306 -- 00:01:30.447 Jenny Pleas. 00:01:30.447 -- 00:01:34.029 Greetings. Good afternoon, ladies and gentlemen. 00:01:34.029 -- 00:01:40.072 In the first half of 2026, altho...