SGX posts 16.4% rise in Q3 profit; revenue jumps 20.4%

SINGAPORE Exchange (SGX) on Wednesday posted a 16.4 per cent increase in net profit attributable to equity holders of S$88.2 million for its third quarter ended March 31, 2015.

Operating revenue rose 20.4 per cent to S$199.3 million. Earnings per share were 8.2 Singapore cents for the quarter, compared to the 7.1 cents a year ago.

Excluding Energy Market Company's (EMC) revenue of S$5.8 million, all businesses recorded higher revenues compared to a year earlier. SGX completed the acquisition of EMC on Oct 1, 2014, making EMC a wholly owned subsidiary.

It declared an interim dividend of four Singapore cents, unchanged from the last quarter.

SGX's counter added 22 cents or 2.7 per cent to finish at S$8.52 on Wednesday.