SGX Q3 profit inches up to S$89.2m; revenue up 3%
Derivatives volumes up 24% but related revenue up just 3.2% as competition hits margins of some products
Add BT as a preferred sourceSingapore
SINGAPORE Exchange (SGX) posted a slight increase in net profit during its third fiscal quarter as higher market volatility lifted revenues but competition affected margins for some products.
Net profit increased by 1.1 per cent to S$89.2 million, or 8.3 Singapore cents per share, for the three months ended March. Operating revenue rose 3 per cent to S$206 million.
TRENDING NOW
Singtel Q1 gain drops 71% to S$818 million in absence of Airtel stake sale; weaker Singapore business
Sembcorp raises interim dividend despite 72% H1 profit slide to S$150 million on Alinta deal costs
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
CDL H1 profit jumps three times to S$301 million on strong condo sales, doubles interim dividend
