TRANSPORT INT'L (00062.HK)  -0.030 (-0.339%)    Short selling $3.54K; Ratio 0.210%   ’s Kowloon Motor Bus Company (1933) Limited (KMB) and Long Win Bus Company Limited (LWB) announced today (29th) that all staff will receive a pay raise of 3.52%. The basic salary of full-time monthly rate Operational and Maintenance staff will be increased not less than HKD800.

The effective date of the salary increase for Operational and Maintenance staff will date back to 1 June 2024, while that for clerical staff will come into effect on 1 September 2024.

TRANSPORT INT'L said that the travelling patterns of local citizens have changed. The patronage in the evenings, weekends and holidays has not fully recovered to pre-pandemic levels, with the number of tourists still lower than that at the peak. International fuel prices have also been fluctuating. Despite the circumstances, KMB and LWB have tried to strike a balance among all relevant factors, including the operational situation, fiscal position, market environment, and salary trends for the wage review. The companies have considered the staff morale and changes in living costs before coming up with this year’s Wage Review Plan, hoping to show its greatest sincerity to attract and retain talents with enhanced remuneration to serve the passengers.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 16:25.)