Property sales boost double dividend at Shun Tak

Shun Tak Holdings' TurboJET service carried 13.9 million passengers between Hong Kong and Macau last year. Photo: SCMP

The company said core earnings amounted to HK$453 million for the year to December, up from HK$384 million in 2011. Taking into account HK$2.11 billion in revaluation gains from investment properties, net profit was HK$2.56 billion last year, more than triple the HK$781 million recorded in 2011.

Tuesday, 26 March, 2013, 5:43am


During a recent rip to Macau we noticed that little has been done to eliminate the TurboJet ticket touts since the problem was initially brought to light sometime last year.

We noticed that several touts (the same people as last year) were busy selling, each with a fairly thick wad of tickets in hand at a mark-up price of at least three times.

29 Nov 2000 - 12:00am

Turbojet to turn on power

Turbojet can continue Tony Cruz and Felix Coetzee's flying start to the season by taking this evening's fourth event at Sha Tin.

Racing legend Cruz shares top spot in the trainer standings with another local success story Francis Lui.

They've sent out nine winners and have both handled the transition from riding to training like ducks to water.

20 Oct 1999 - 12:00am


I travelled from Macau to Hong Kong on the 5.30pm Turbojet on September 28.

3 Oct 1999 - 12:00am

Vessel just a catamaran

I refer to a report 'Turbo Cat in gunboat collision' (South China Morning Post, August 19), and wish to clarify that the vessel involved was not a Turbo Cat as stated.

Turbo Cat is the service name that our company has been using since 1994 for high speed ferry services between Hong Kong/Macau and Hong Kong/Shenzhen.

20 Aug 1996 - 12:00am

TriCat ferries

CTS Parkview Ferry Services has ordered five more 45-metre TriCat ferries from FBM Marine, the Isle of Wight-based shipbuilder and subsidiary of the Hong Kong Parkview Group. The ferries will operate on the Hong Kong-Macau route, carrying 318 passengers at speeds of more than 47 knots and covering the 37 nautical miles in 45 minutes.

13 Dec 1995 - 12:00am

Cash returned

SOME $4.6 million in cash recovered in China following the hijacking of a Hong Kong-Macau jetfoil in June was returned to the security company in Zhongshan.

27 Oct 1995 - 12:00am

Lycoming wins new fast-ferry contract

TEXTRON Lycoming has announced a repeat order for two TF40 marine gas turbines to power a fourth fast ferry being built by Austal Ships of Australia for Yuet Hing Marine Supplies Co of Hong Kong.

The TF40 engines will be shipped to Austal this summer.

15 Jul 1994 - 12:00am