SGX H2 profit up 13.2% to S$232.7m, sees higher derivatives volume in FY22

THE Singapore Exchange (SGX)‘s net profit for the half year ended Jun 30 was up 13.2 per cent to S$232.7 million from S$205.6 million last year, said the exchange in a regulatory filing on Thursday (Aug 18).

Operating revenue for the group also gained 7.9 per cent to S$577.4 million in H2 2022, from S$535.1 million previously. Full year revenue reached S$1.10 billion, a 4 per cent increase as compared with last year’s S$1.06 billion.

“Our record-high revenue was driven by higher derivatives volumes across equities, currencies and commodities, as our global customers increasingly used our multi-asset platform to navigate market uncertainties,” said Loh Boon Chye, chief executive officer of SGX.