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HMC Capital Limited (ASX:HMC)

ALERT: Price-sensitive ASX Announcement for HMC
Current share price for HMC : $2.940 -0.02 (-0.68%)+
Announcement
Release
24 Feb 2026 9:07AM
Price at Release
$2.960
Full Release
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Summary
HMC Capital Limited's HY26 Results Presentation outlines its financial performance and strategic initiatives for the first half of the fiscal year 2026. The company reported a statutory profit after tax of A$5.8 million, a significant decrease from the previous year's A$274.5 million. This decline is primarily attributed to transaction costs and losses from assets held for sale. HMC Capital has focused on expanding its asset management capabilities, with a reported AUM of A$19.5 billion as of December 2025. Key growth initiatives include strategic partnerships in the energy transition sector, particularly with KKR, and the establishment of a significant private credit mandate. The company maintains a high-growth, self-funding platform with diversified investments across real estate, digital infrastructure, private credit, private equity, and energy transition sectors, aiming for a target return on equity of over 20%.
Key Points
  • Statutory profit after tax for 1H FY26 is A$5.8 million.
  • Significant decline in profit attributed to transaction costs and asset sale losses.
  • Total AUM stands at A$19.5 billion as of December 2025.
  • Strategic partnership with KKR for energy transition initiatives.
  • Exploring the establishment of a $1 billion private credit mandate.
  • Diversified investments across multiple sectors aiming for high returns.
  • Maintains a high-growth, self-funding platform with a target ROE of over 20%.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.