Earnings ·
AMTD IDEA reports H1 profit of US$40.3M as total assets exceed US$2.6B
AMTDAmtd Idea Group
AMTD IDEA Group posted a profit of US$40.3 million for the six months ended June 30, 2026, down from US$68.8 million in the prior year period, primarily due to lower unrealized gains on its investment portfolio. Total assets grew to US$2.6 billion, driven by strategic acquisitions of hotel properties in New York, Perth, London, and Kuala Lumpur that expanded property, plant, and equipment by US$380.3 million. Revenue from contracts with customers increased 32.1% to US$32.0 million, while hospitality segment revenue surged 59.8% to US$20.2 million. The company also announced a completed change in its American Depositary Shares (ADS) ratio effective October 19, 2026. AMTD IDEA Group operates as a diversified institution and digital solutions platform connecting clients with global markets across hospitality, media, and financial services.