AMP expects H1 NPAT to hit $180M
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- AMP (ASX:AMP) released guidance projecting H1 underlying NPAT between $180 million and $200 million.
- AMP shares rose 2.60% to $1.78 following the profit guidance announcement.
- Strong China partnership returns and carried interest sales provided key financial momentum.
Financial services provider AMP (ASX:AMP) announced that its expected first-half underlying net profit after tax will reach between $180 million and $200 million for H1.
The projected profit increase follows a 24% boost in earnings from China partnerships to roughly $56 million alongside investment income gains from higher interest rates.
Additional earnings included a 12 million sponsor investment revaluation loss.
Following the announcement, the AMP share price was up at $1.78.
The company retains future earnings potential from the remaining 49% interest in legacy fund assets depending on incoming sale conditions.
AMP plans to announce its final detailed H1 financial performance results and 2026 outlook guidance on Aug. 6.
