SGX posts 30.1% rise in H1 profit to S$284.6 million

SINGAPORE Exchange (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.