AMCIL Limited's Half Yearly Report and Accounts as at 31 December 2025 highlights a profit increase of 14.8% compared to the previous year, with a net profit of $4.1 million driven by increased income from the options portfolio. Revenue from operations rose slightly to $5.0 million. An interim dividend of 1.0 cent per share, fully franked, has been declared. Despite a negative portfolio return of 7% over six months, AMCIL maintains a strong cash position to leverage future opportunities. The comprehensive income was significantly affected by losses in the investment portfolio, resulting in a negative total. The company holds a cautious outlook, given market valuations and geopolitical uncertainties.
Key Points
Profit for the half-year was $4.1 million, up 14.8% from the previous corresponding period.
Revenue from operating activities was $5.0 million, a 0.9% increase from the previous period.
An interim dividend of 1.0 cent per share fully franked will be paid on 24 February 2026.
AMCIL’s six-month portfolio return to 31 December 2025 was negative 7.0%, compared to a positive 4.2% for the S&P/ASX 200 Accumulation Index.
Net tangible asset backing per share at 31 December 2025 was $1.12.
Total comprehensive income for the half-year was negative $19.866 million due to losses on equity securities in the investment portfolio.
The balance sheet shows total assets of $358.591 million and net assets of $325.975 million as of 31 December 2025.
AMCIL Limited is cautious in the current market environment and maintains a strong cash position for potential opportunities.
Major transactions included acquisitions in Woolworths Group and disposals in Westpac Banking Corporation.
Auditors did not identify any issues with compliance to financial regulations.
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.