HH Finance Group, part of Hugo’s Lifetime Group, recorded a net profit of €925,114 during the first six months of 2026, on revenue of €2.37 million, according to its latest interim financial statements.

The group, which owns and rents immovable property, reported a pre-tax profit of €1.17 million for the six months ended 30th June 2026. Its operating profit stood at €1.81 million, while finance costs amounted to €636,885.

A year-on-year comparison for the group is not available, as the current consolidated structure was only established in July 2025 following HH Finance plc's acquisition of All Round Entertainment Ind. Ltd.

The group's €2.37 million in revenue consisted primarily of €1.82 million in rental income, together with €555,094 in royalty income.

As at the end of June, HH Finance Group held total assets of €157.29 million, marginally higher than the €156.21 million reported at the end of 2025. Investment properties accounted for €138.7 million of the total, up from €135.8 million at year-end. During the six-month period, the group acquired a further €2.9 million in investment property.

Cash and cash equivalents, however, declined from €7.35 million at the end of 2025 to €4.42 million at the end of June. The group's cash flow statement shows that it generated €1.88 million from operating activities, while €4.18 million was used in investing activities, including almost €3 million for investment property and property, plant and equipment.

Total equity increased to €29.97 million from €29.04 million at the end of 2025, reflecting the €925,114 profit generated during the period. Total liabilities stood at €127.32 million.

These liabilities include €23.55 million in debt securities and €88.46 million in subordinated loans owed to the group's immediate parent company. The latter are unsecured and interest-free, and HH Finance has the right to defer their settlement. For its own alternative performance measure, the group therefore treats the subordinated loans as quasi-equity, resulting in a reported net asset value excluding these loans of €118.43 million.

HH Finance's outstanding bonds have a nominal value of €24.13 million, carrying an interest rate of 5.2 per cent and redeemable in 2035.

The directors said the group has sufficient liquidity and financial resources to meet its payment obligations, including bond interest payments during 2026, and maintained the going-concern basis for the interim accounts.

No interim dividend has been recommended.