Property company Mofast reports a lower profit from property management in the second quarter, compared with the same period the previous year. Rental income also decreased.Rental income amounted to SEK 44.4 million (53.6), a decrease of 17.2 percent year-over-year. The decrease in income is primarily attributable to the divestment of the Invest II group to Episurf, which was completed in mid-May.Net operating income amounted to SEK 30.5 million (36.6). Profit from property management amounted to SEK 10.1 million (11.5), a decrease of 12.2 percent year-over-year. Realized changes in the value of properties amounted to SEK -0.05 million (1.0). Unrealized changes in the value of properties amounted to SEK 8.1 million (-9.2). Unrealized changes in the value of derivatives amounted to SEK -0.6 million (-3.0). Unrealized changes in the value of long-term securities holdings amounted to SEK 160.8 million (0.0). Mofast will continuously report the value of the shares and convertibles the company holds in Episurf; the value is recognized as of the last trading day of each quarter.Profit before tax was SEK 132.9 million (0.2). Net profit after tax was SEK 145.7 million (-0.1). Long-term net asset value per share was SEK 38.9 (39.3)."In summary, the first half of 2026 has been a positive period for us in terms of earnings, and the development of Mofast's property portfolio continues at an unchanged pace," comments CEO Eric Fischbein.Mofast, SEK millionQ2-2026Q2-2025ChangeRental income44.453.6-17.2%Net operating income30.536.6-16.7%Profit from property management10.111.5-12.2%Changes in the value of properties, realized-0.051.0Changes in the value of properties, unrealized8.1-9.2Changes in the value of derivatives, unrealized-0.6-3.0Profit before tax132.90.266 350.0%Net profit145.7-0.1Net asset value per share, SEK38.939.3-1.0%