HH Finance reports €1.17 million group pre-tax profit for first half

Board approves interim accounts

HH Finance plc approved its unaudited interim financial statements for the six months ended 30 June 2026 during a Board meeting held on 26 August. The accounts were published in line with Chapter 5 of the Capital Markets Rules.

Group revenue reaches €2.37 million

For the first half of 2026, the HH Finance Group generated revenue of €2.374 million and a profit before tax of €1.169 million.

At company level, revenue amounted to €985,020, down from €1.022 million in the same period last year. Profit before tax stood at €389,030, compared with €585,798 as at June 2025.

HH Finance noted that the consolidated group did not exist in its current structure during the comparative period, meaning that a direct year-on-year comparison of the group results is not available. At the end of June, group equity stood at approximately €29.97 million, while company equity amounted to €17.99 million.

Rental structure influences results

HH Finance‘s operating income is mainly generated from leasing investment property to a fellow subsidiary, which operates the property as a hotel. In November 2025, the company moved away from a fixed annual rental arrangement and introduced a variable rent equivalent to 10% of the lessee’s monthly revenue.

This change means that rental income is now more closely linked to the hotel’s performance. The interim results therefore provide bond investors with an update on the issuer’s earnings, property exposure and financial position as they assess its capacity to meet its financing obligations.

Disclaimer: Interim reports may reflect only the issuing company and may not include the financial performance of its group companies.