SGX Q1 profit up 25%, highest quarterly profit in over 10 years
Earnings per share rose 26% to 10.7 Singapore cents, sufficient to fund an interim dividend of 7.5 cents a share
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Angela Tan
Singapore
SINGAPORE Exchange (SGX) on Thursday reported a 25 per cent jump in its first quarter net profit to S$114.2 million, its highest quarterly net profit in more than a decade, driven by higher demand for its suite of investments and risk managements tools across its currency, commodity and equity asset classes.
Earnings before interest, tax, depreciation and amortisation (Ebitda) was S$156.4 million compared to S$121.6 million a year ago. Earnings per share rose 26 per cent to 10.7 Singapore cents, from 8.5 cents a year ago, sufficient for the board to declare an interim dividend of 7.5 cents a share, unchanged from a year ago. This is payable on Nov 11.
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