Hearts and Minds Investments at 6-month high on upbeat full-year results

Hearts and Minds Investments

29/08/2025 06:54

** Shares of Australia's Hearts and Minds Investments HM1.AX rise as much as 4.8% to A$3.49, their highest level since February 20; stock last up 3.6%

** The investment firm reports annual profit from ordinary activities after tax of A$106.8 million ($69.40 million) compared to A$50.9 million in the previous year

** Co's total net investment income in the reporting period rose to A$165.5 million from A$83.4 million a year ago

** About 454,940 shares change hands, 3.5x times the 30-day avg

** Stock is up 11.3% YTD, including the session's moves

($1 = 1.5389 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))