SGX Q4 earnings rise 10.9% to S$85.2m

BETTER performances from its securities trading and clearing as well as its derivatives divisions lifted results for Singapore Exchange (SGX) in its fourth quarter.

Net profit grew 10.9 per cent to S$85.2 million from the year-ago period, the group said in a filing on Thursday evening. For the three months ended June 30, revenue rose 4.9 per cent to S$207.7 million from the previous year.

Earnings per share grew to 8 Singapore cents from 7.2 Singapore cents in the preceding year. Net asset value per share edged up to 96.5 Singapore cents as at June 30, from 92.5 Singapore cents a year ago.

Final dividend per share was flat at 13 Singapore cents. SGX shares finished S$0.02 or 0.3 per cent down at S$7.54 on Thursday.

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