Published:
SGX sees 4.7% net profit growth with strong equity activity
Net profit for the period was $597.9m.
Singapore Exchange Group’s (SGX) net profit attributable to equity shoulders of the company (NPAT) rose 4.7% YoY to $597.9m in FY 2024, following stringer activity from its equities businesses in the year's second half.
According to SGX, its equity derivatives daily average volume and securities daily average value increased by 11% HoH and 21% HoH, respectively.
Along with a rise in net profit, SGX reported an EBITDA of $702.2m, up 2.1% YoY, a revenue growth of 3.1% YoY, reaching $1.2b, and an improved earnings per share of $0.559.
With higher net profit, the group proposed a final quarterly dividend of $0.09 per share, up from the previous $0.085.
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