Taipei Rapid Transit Corporation ─ Metro Service

Economic Performance

In 2024, Taipei Metro's annual revenue reached NT$21.359 billion, representing a 4.1% increase compared to 2023, and has returned to pre-pandemic levels. Passenger revenue remains the Company's primary source of income, accounting for approximately 80% of total revenue.

Operational Status

Following the pandemic, Metro ridership has steadily increased year by year. In 2024, the total ridership reached 742 million passengers, representing a 4.46% growth compared to 2023. Additionally, the average daily ridership in 2024 was 2.027 million passengers, recovering to 93.7% of pre-pandemic levels(2019).

Performance of Affiliated Operations

The Company's affiliated businesses include advertisements on stations and trains throughout the entire Metro line, station retail stores, parking lots, and the East and Zhongshan Metro Malls. Through diversified operations, Taipei Metro has been able to increase profitability, create shareholder value, and provide passengers with a variety of services. Among these, advertising revenue accounts for the largest share at 44%. The total revenue of subsidiary businesses in 2024 is approximately NT$1.992 billion, with a pre-tax profit of NT$1.992 billion.

Performance of Commissioned Business Operations

Maokong Gondola

In 2024, total operating revenue amounted to NT$213,970,374. Although operational performance declined compared to the previous year, gross operating profit still exceeded the budgeted expectations.

Taipei Arena

In 2024, total operating revenue was NT$480,459,124. After deducting contract payments, the operating gross profit balance was NT$58,607,898.

Taipei Children's Amusement Park

In 2024, total operating revenue amounted to NT$247,808,677, with a gross operating profit, after contract payments, of NT$5,727,620.

Performance of Investment and Financial Management Operations

Taipei Metro's investment and financial management businesses are divided into three sectors: in addition to the three equity-invested companies mentioned below, the other two are Financial Investments and Leasing and Others. The Financial Investment category, which includes interest income from bond purchases or time deposits, generated a pre-tax net profit of approximately NT$164.67 million in 2024. The Leasing and Other category, which involves leasing space to financial institutions or telecommunications companies for installing ATMs or base stations, generated a pre-tax net profit of approximately NT$510.91 million in 2024.