Source: Hong Kong Government special administrative region
Hong Kong Mortgage Corporation Limited interim results highlights for 2025
Debt Issuance
Mortgage Insurance Programme (MIP)
SME Financing Guarantee Scheme
Dedicated 100% Loan Guarantee Schemes
Annuity Business
Reverse Mortgage Programme
Financial Highlights
The unaudited consolidated profit after tax of the HKMC for 1H 2025 was HK$53.3 million (1H 2024: HK$9 million). The improvement in profitability was largely attributable to the increase in income from the placements with the Exchange Fund, reduced negative impact on fast-growing reverse mortgage business from movement of property price for 1H 2025 as compared to 1H 2024, foreign exchange gain arising from exposures in cash and debt investments amid favourable market conditions, and increase in net interest income. Such gains were partly offset by the increase in accounting loss from insurance results of annuity business, reflecting the increase in new policies written from the spillover effect of the payout enhancement and discount campaign launched in 2024.Issued at HKT 18:00
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