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April 18, 2015 12:53 PM ET

Road and Rail

Company Overview of The Kowloon Motor Bus Co. (1933) Ltd.

Company Overview

The Kowloon Motor Bus Co. (1933) Ltd. provides public bus transportation services covering Kowloon, the New Territories, and Hong Kong Island. It also offers franchised public bus services. The company was founded in 1933 and is based in Kowloon, Hong Kong. The Kowloon Motor Bus Co. (1933) Ltd. operates as a subsidiary of Transport International Holdings Limited.

9 Po Lun Street

Lai Chi Kok

Kowloon,  

Hong Kong

Founded in 1933

Phone:

852 2745 4466

Fax:

852 2745 0600

Key Executives for The Kowloon Motor Bus Co. (1933) Ltd.

Managing Director and Deputy Chairman of Transport International Holdings Limited
Age: 70
Finance and Administration Director
Deputy Managing Director and Managing Director of Transport International Holdings Limited
Executive Director
Age: 50
Deputy Managing Director and Executive Director
Age: 42
Compensation as of Fiscal Year 2014.

The Kowloon Motor Bus Co. (1933) Ltd. Key Developments

Kowloon Motor Bus Co. (1933) Limited Announces Audited Earnings and Operating Results for the Year Ended December 31, 2014

Kowloon Motor Bus Co. (1933) Limited announced audited earnings and operating results for the year ended December 31, 2014. For the year, the company recorded a profit after taxation of HKD 196.6 million for 2014, representing a favourable variance of HKD 217.8 million compared with a loss after taxation of HKD 21.2 million for 2013. The company’s fare revenue for the year was HKD 6,304.0 million, an increase of HKD 101.2 million or 1.6% compared with HKD 6,202.8 million for 2013. Such increase was mainly due to the implementation of a 3.9% fare increase on 6 July 2014 and a slight year-on-year growth in ridership. For the year, the company reported total ridership for 2014 was 955.2 million passenger trips (a daily average of 2.62 million passenger trips), an increase of 0.3% compared with 952.8 million passenger trips (a daily average of 2.61 million passenger trips) for 2013. Advertising revenue for the year was also increased by 12.3% from HKD 116.0 million for 2013 to HKD 130.3 million for 2014.

KMB Introduces Routes 72C, 74D and 74P to Strengthen Bus Network in Tai Po

KMB will introduce 3 Routes 72C, 74D and 74P, with effect from 29 December 2014. Route 74D [Tai Po (Kau Lung Hang)?? Kwun Tong Ferry] will go via Tai Wo Service Road West, Tai Wo, Kwong Fuk, Pak Shek Kok, Science Park, Tate’s Cairn Tunnel and Kowloon Bay Station. Kwun Tong Ferry bound-departures will operate between 9:00 a.m. and 9:00 p.m. Tai Po (Kau Lung Hang) bound-departures will operate between 10:00 a.m. and 10:00 p.m. The full fare is $14.80. On the same day, morning Special Route 74P (Kwun Tong Ferry à Tai Po Central) will start serving Kowloon East residents, providing them with a more convenient bus service to travel to work at Science Park or Tai Po. Route 74P will depart from Kwun Tong Ferry at 8:00 a.m. on Monday-Friday (except public holidays), and go via Kowloon Bay Station, Choi Hung, Tate’s Cairn Tunnel, Science Park and Kwong Fuk. The full fare is $10.10. Morning Special Route 72C [Fung Yuen to Tai Po Market Station] will depart from Fung Yuen at 7:05 a.m. on Monday-Friday (except public holidays), and go via Kau Yan College, Tai Po Central, Sun Hing Garden and Kwong Fuk Playground. The full fare is $5.80.

KMB Introduces Express Route 286C

To provide passengers with a faster and more convenient bus service between Sha Tin, Ma On Shan and West Kowloon, with effect from 6 December, KMB will introduce Express Route 286C. Route 286C will provide service during peak hours between Ma On Shan and Sham Shui Po with a journey time of approximately 40 minutes. Route 286C will go through Ma On Shan Town Centre, Chevalier Garden, Shatin Hospital, Ravana Garden, City One, Tsing Sha Highway to Lai Chi Kok Station, Cheung Sha Wan Station and Sham Shui Po Station. With effect from the same day, KMB will adjust the routing of Route 86C. Route 86C will now go via Ma On Shan Town Centre, Chevalier Garden, Shatin Hospital, Ravana Garden, City One and Jat Ming Cheun, and then, bypassing Tai Wai, directly via the Lion Rock Tunnel to Shek Kip Mei, Sham Shui Po Station and Cheung Sha Wan Station. Starting on the same day, the services of Route 86P and Route 86X will be replaced by Route 286C and the revised Route 86C.

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