InvestSMART

Imperial Pacific Limited (ASX:IPC)

ALERT: Price-sensitive ASX Announcement for IPC
Current share price for IPC : $2.000 0 (0%)+
Announcement
Release
20 Feb 2026 11:37AM
Price at Release
$2.000
Full Release
download
Summary
Imperial Pacific Limited's Half-Yearly Report for the period ending 31 December 2025 outlines a modest net profit of $148,000 and an increase in net assets to $12.6 million, primarily due to the significant appreciation in the value of its investments in London City Equities (41.5% owned) and Excelsior Capital (1.6% owned directly and 14.0% with associated parties). A strategic decision was made for Excelsior to liquidate and return funds to shareholders, enhancing share value. The report confirms the financial statements' compliance with the Corporations Act 2001 and Australian Accounting Standards, asserting that there are reasonable grounds to believe the company can pay its debts as they come due. The auditor's review found no contraventions of the Corporations Act or professional conduct codes.
Key Points
  • Net profit of $148,000 for the half-year ending 31 December 2025.
  • Increase in net assets to $12.6 million.
  • Significant value appreciation in investments in London City Equities and Excelsior Capital.
  • Excelsior Capital to liquidate and return funds to shareholders.
  • Financial statements comply with Corporations Act 2001 and Australian Accounting Standards.
  • Auditor's review found no contraventions of the Corporations Act or professional conduct codes.
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.