Annual Report 2024

9 2024 Annual Report Transport International Holdings Limited Share Price of the Company and Hang Seng Index at Year-end The closing share price of the Company at 2024 year-end was HK$8.25 per share HK$ Hang Seng Index Share price of the Company (HK$) Hang Seng Index Number of Passenger Trips (Franchised Public Bus Operations) KMB LWB The number of passenger trips in 2024 was 988.6 million 2020 2021 2022 2023 2024 900 600 300 0 1,200 Million trips Underlying Profit and Reported Profit Attributable to Equity Shareholders of the Company The underlying profit for 2024 was HK$265.5 million, excluding the effect of the change in fair value of investment properties and investment property under development, and the reported profit for 2024 was HK$187.3 million. 2020 2021 2022 2023 (Restated) 1 2024 400 (100) 800 1,200 1,600 2,000 0 HK$ million Profit from Operations and Cash generated from Operations The profit from operations for 2024 was HK$411.6 million, with cash generated from operations of HK$1,540.8 million 500 300 400 200 100 0 1,600 320 640 960 1,280 0 (Restated) 1 2020 2021 2022 2023 2024 HK$ million HK$ million Underlying profit Reported Profit Change in fair value of investment properties and investment property under development Non-recurring earnings 2 Profit from operations Cash generated from operations 2020 2021 2022 2023 2024 0 6 12 18 24 30 0 10,000 20,000 30,000 40,000 50,000 Notes: 1. The relevant comparative amounts in 2022 have been restated to reflect the change in accounting policies in respect to (i) the measurement of investment properties and investment property under development, and (ii) the abolition of the MPF-LSP offsetting mechanism. 2. The non-recurring earnings in 2020 represented net gain from the disposal of 50% equity interest in TM Properties Investment Limited.