Australia's HMC Capital falls to near six-year low on profit slump

HMC Capital

24/02/2026 24:36

** Shares of HMC Capital HMC.AX fall as much as 9.8% to A$2.67, their lowest level since July 22, 2020

** The asset manager posts half-year profit to owners of HMC of A$17 million ($12.00 million), a 90% drop from year-ago levels
** Shares post biggest intraday pct drop since August 19, 2025
** YTD, shares down 28%

($1 = 1.4166 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))