SGX posts 30.1% rise in H1 profit to S$284.6 million
SINGAPORE Exchange : S68 0% (SGX) reported a 30.1 per cent increase in net profit to S$284.6 million for the first half of FY2023, from S$218.7 million a year earlier.
On Thursday (Feb 9), the bourse operator said the year-on-year increase in net profit came on the back of a 9.6 per cent growth in revenue to S$571.4 million, driven mainly by an increase in derivatives trading and clearing revenue, and treasury income.
Earnings before interest, taxes, depreciation and amortisation (Ebitda) for the half year grew 9.2 per cent to S$334.1 million from S$306 million.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Microsoft offers cloud customers AMD alternative to Nvidia AI processors
CEO of fallen Eagle Hospitality Trust looking to contest four criminal charges
Crypto boom, erratic rain spark outages in Laos, Asia’s clean power export hub
Bank of Japan in no rush to sell risky asset holdings
Gold prices set for second weekly gain on Fed rate outlook
China’s first special bond sale likely to see solid demand