AMTD Digital H1 Profit Falls to $42.4M as Revenue Drops to $63.8M
HKD sits 39% above its 52-week low of $1.26.
Summary
AMTD Digital posted unaudited H1 profit of $42.4M on revenue of $63.8M for the six months ended April 30, 2026, down from $51.5M profit and $73.2M revenue a year earlier. Both lines shrank year over year, with the release attributing the profit decline to weaker non-operating gains and higher taxes. The balance sheet expanded to $1.2B in total assets and $630.6M in net assets, reflecting the hotel acquisitions. Finance costs fell 24.9% to $4.6M and other income rose to $12.5M from $10.7M, but that interest-driven income is non-core and variable. This follows the September 6-K in which subsidiary TGE reported 1H 2026 net profit of $22.8M after buying four hotels, three of them post-period — the hospitality build-out is the swing factor for whether revenue stabilizes.
At the time of this announcement, HKD was trading at $1.75 on NYSE in the Finance sector, with a market capitalization of approximately $540.6M. The 52-week trading range was $1.26 to $5.47. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Wiseek News.