Singapore Exchange Limited, or SGX for short, released its Financial Year 2013 (FY 2013) on yesterday after market close.
The company saw its revenue increase 10% at $715.1 million from $647.9 million the previous year. This was mainly due to a 23% increase in Derivatives revenue and a 9% increase in Securities revenue. The net profit was up 15% to $335.9 million from $291.8 million in FY2012. The fully diluted earnings per share came up to be 31.32 cents, up 15% from the previous year. The net profit margin increased 2 percentage points from FY2012 to 46.6%.
SGX has a clean balance sheet with zero debt and it sits on $763 million of cash. The total equity was $888.6 million, as of 30 June 2013. The return on equity was at 39%, up 3.8 percentage points from the previous year.
Cash flow ......