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Why Did HMC Capital’s Profit Collapse Despite a $950m Renewable Energy Buy?
9:16am on Tuesday 24th of February, 2026 AEDT
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Financial Services
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Why Did HMC Capital’s Profit Collapse Despite a $950m Renewable Energy Buy?
9:16am on Tuesday 24th of February, 2026 AEDT
Key Points
Statutory profit after tax falls 98% to $5.8 million
Acquisition of Neoens Victorian portfolio for $950 million
Operating earnings before tax down 79% to $41.6 million
Interim and final dividends maintained at 6.0 cents per share
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