Singapore Exchange profit up 9%, proposes final dividend of 16 cents per share

The Singapore Exchange (SGX) announced a net profit of S$348.6 million on Wednesday, July 29, 2015, up 9 per cent from the previous year.
The Singapore Exchange (SGX) announced a net profit of S$348.6 million on Wednesday, July 29, 2015, up 9 per cent from the previous year.PHOTO: ST FILE

SINGAPORE - Singapore Exchange (SGX) today posted a 9 per cent increase in net profit of S$348.6 million for its full year ended June 30, on revenues of S$778.9 million.

Earnings per share were 32.6 cents, compared to 30 cents a year ago.

Excluding Energy Market Company's (EMC) revenue of S$18 million, revenues grew 11 per cent compared to a year earlier. SGX completed the acquisition of EMC on Oct 1, 2014, making EMC a wholly owned subsidiary. 

It declared a final dividend of 16 cents, bringing total dividend to 28 cents a share, unchanged from last year. SGX's counter added 16 cents or nearly 2 per cent to finish at S$8.23.

gleong@sph.com.sg