Road and Rail
Company Overview of The Kowloon Motor Bus Co. (1933) Ltd.
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
Founded in 1933
852 2745 4466
852 2745 0600
Key Executives for The Kowloon Motor Bus Co. (1933) Ltd.
Managing Director and Deputy Chairman of Transport International Holdings Limited
Finance and Administration Director
Deputy Managing Director and Managing Director of Transport International Holdings Limited
Deputy Managing Director and Executive Director
Compensation as of Fiscal Year 2015.
The Kowloon Motor Bus Co. (1933) Ltd. Key Developments
The Kowloon Motor Bus Co. (1933) Ltd. Reports Earnings Results for the Six Months Ended 30 June 2015
Aug 31 15
The Kowloon Motor Bus Co. (1933) Ltd. reported earnings results for the six months ended 30 June 2015. For the period, the company recorded a profit after taxation of HKD 238.3 million compared to HKD 67.7 million in 2014, representing an increase of HKD 170.6 million compared with the corresponding period in 2014. Fare revenue increased by HKD 96.4 million or 3.1% to HKD 3,199.4 million as compared with HKD 3,103.0 million for the corresponding period in 2014. The increase was primarily due to the fare increase of 3.9% which took effect on 6 July 2014. Advertising revenue increased by HKD 16.9 million from HKD 58.7 million for the first half of 2014 to HKD 75.6 million.
Kowloon Motor Bus Co. (1933) Limited Announces Audited Earnings and Operating Results for the Year Ended December 31, 2014
Mar 19 15
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
Dec 24 14
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.
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