SGX's Q4 net profit falls 20% to S$77m
SINGAPORE Exchange (SGX) on Wednesday posted a net profit of S$76.8 million for the fourth quarter ended June 2016, down 20.1 per cent from S$96.2 million a year ago.
Revenue fell 8 per cent to S$198.0 million from S$215.3 million previously.
Earnings per share stood at 7.2 Singapore cents, lower than nine Singapore cents a year ago.
For the full year, net profit was flat at S$349 million from S$348.6 million in financial year 2015, on the back of a 5 per cent increase in revenue to S$818.1 million.
The board has proposed a final dividend of 13.0 Singapore cents per share, bringing total dividend for the year to 28.0 cents per share, unchanged from a year earlier.
SGX shares closed at four Singapore cents or 0.5 per cent higher at S$7.74 on Wednesday.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
China’s top airlines improve balance sheet in Q1; outlook positive for May Day
Stablecoin issuer Tether invests US$200 million in brain-computer interface company
Yahoo to lay off staff in Singapore as it shifts to content curation
US: Wall St opens higher on megacap strength, Fed verdict awaited
IReit Global occupancy rate grows to 91.5% in Q1
Yen surges against US dollar on suspected intervention