HMC Capital Reports Strong Growth, Diversifies Portfolio
Company Announcements

HMC Capital Reports Strong Growth, Diversifies Portfolio

Home Consortium Ltd (AU:HMC) has released an update.

HMC Capital reported a substantial financial performance for FY24 with a 40% increase in operating EPS, backed by significant growth in management fees and investment gains. The company expanded its portfolio by establishing new platforms in Private Credit, Energy Transition, and Digital Infrastructure, positioning it favorably for future growth with a strong focus on diversification. HMC anticipates maintaining its robust growth trajectory into FY25, supported by a solid earnings base and a promising dividend guidance of 12 cents per share.

For further insights into AU:HMC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskCooper Investors Gains Substantial Stake in HMC Capital
TipRanks Australian Auto-Generated NewsdeskHMC Capital Expands Market Presence
TipRanks Australian Auto-Generated NewsdeskHMC Capital Ups Stake in Baby Bunting Group
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App