OCTOPUS CARDS LIMITED 八達通卡有限公司
Octopus Cards reveals hidden gain on lost cards
HK Legislative Council, 23-Feb-2011
In the last 3 years, 35,000 anonymous cards were found and returned (probably mostly by public transport operators), giving Octopus a windfall of HK$3.3m, or about $1.1m per year. On top of that, there must be some cards which are lost but never returned, leaving the float to grow forever in the company's accounts.
HK Legislative Council, 23-Feb-2011
In the last 3 years, 35,000 anonymous cards were found and returned (probably mostly by public transport operators), giving Octopus a windfall of HK$3.3m, or about $1.1m per year. On top of that, there must be some cards which are lost but never returned, leaving the float to grow forever in the company's accounts.
Sign up for our free newsletter
Recommend Webb-site to a friend
Copyright & disclaimer, Privacy policy