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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.
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