Singapore Exchange (SGX) announced on Friday evening its net profit for the second quarter of 2018 financial year was 88.4 million Singapore dollars (66.96 U.S. dollars), almost unchanged from the 88.3 million Singapore dollars for the second quarter of 2017 financial year.
Meanwhile, SGX reported its revenue went up about 3 percent to 205 million Singapore dollars, its operating revenue grew about 1 percent year on year to 103 million Singapore dollars, its earnings per share was 8.2 Singapore cents, remaining the same with that for the year-earlier period.
Besides, SGX's Board of Directors has declared an interim dividend of 5 Singapore cents per share, payable on Feb. 5, which is also the same with that for the same period of previous financial year.
SGX's chief executive operator Loh Boon Chye attributed the increased activities in SGX equities and fixed income markets to the outcome of active engagement with the investment community and existing and prospective issuers. He also attributed the exchange's improvement on the derivatives front to the efforts of growing client base, according to a SGX press release.
Looking ahead, he said SGX will keep pace with the positive momentum achieved over 2017, and will strengthen its Asian derivatives foothold through new product offerings in equities, commodities and foreign exchange, while expecting more listings.
Latest comments