Hong Kong Mortgage Corporation Limited (HKMC) today announced its unaudited consolidated after-tax profit of HK$3 billion for the first half of 2026, a significant increase from HK$53.3 million in the first half of 2025. This substantial profit growth was primarily driven by a reversal of accounting losses in the reverse mortgage business due to a rebound in the property market during the first half of the year, narrowed accounting losses in the annuity business, and increased investment income from the expanded investment scale and higher returns of the Exchange Fund.