The AMP Ltd (ASX: AMP) share price is in focus after the company flagged an expected underlying net profit after tax (NPAT) of $170â180 million for the first half of 2026, driven by stronger China partnerships and increased investment income.
What did AMP report?
- Expected NPAT (underlying) for 1H26: $170â180 million
- China partnerships contributed approximately $56 million, a 24% increase over 2H25
- Group investment income added roughly $5 million compared to 1H25, benefiting from higher interest rates
- Platforms saw a favourable $5 million impact from the North Guarantee
- Recognition of approximately $13 million in carried interest from asset sales
- Negative revaluation of about $12 million in ‘Other Partnerships’ sponsor investments
What else do investors need to know?
AMP has received a portion of its carried interest tied to the sale of a 51% stake in legacy fund assets previously held by AMP Capital’s International Infrastructure Equity business. The sale, managed by DigitalBridge, delivered $13 million in carried interest recognised in the half-year result.
There is still potential for further carried interest earnings if the remaining 49% interest is sold, but this remains subject to conditions and regulatory approvals, so nothing is guaranteed at this stage.
AMP’s full 1H26 results will be released on 6 August 2026, with the company planning to provide more detail on its FY26 outlook at that time.
What’s next for AMP?
Investors looking ahead will be waiting on the August results announcement for additional information about AMP’s earnings trajectory and future guidance for full-year 2026. The business will likely update shareholders on carried interest developments and its strategic direction in China and other partnerships.
With earnings up on stronger investment income and China activity, AMP appears positioned to keep building momentum as market conditions evolve.
AMP Limited share price snapshot
Over the past 12 months, AMP shares have risen 21%, outperforming the S&P/ASX 200 Index (ASX: XJO), which has risen 2% over the same period.
The post AMP expects higher 1H26 earnings on China growth appeared first on The Motley Fool Australia.
Should you invest $1,000 in Amp right now?
Before you buy Amp shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Amp wasn’t one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
* Returns as of 16 June 2026
.custom-cta-button p {
margin-bottom: 0 !important;
}
More reading
- Why are AMP shares trading higher today?
- Netwealth delivers record FUA in June 2026 quarter
- Could US expansion send Zip shares soaring further?
- Perpetual receives sweetened $22.07 EQT AB takeover bid
- 5 things to watch on the ASX 200 on Thursday
Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.