The earnings season has kicked off in full swing.
One of the first few companies to report its earnings is Singapore Exchange Limited (SGX: S68), or SGX.
SGX is Singapore’s sole stock exchange operator. It runs a platform for the buying and selling of a wide variety of securities such as equities, bonds and derivatives.
Investors should note that SGX’s fiscal year-end is 30 June, hence the latest report is for its fiscal 2021 first-half results.
Coming off the heels of a successful full fiscal year 2020 earnings, where the bourse operator reported a record high revenue since listing, expectations were high for a good performance from the group.
And on this front, SGX did not disappoint.
Here are three aspects to take note in its latest earnings release.
Growth across all business segments
Prior to the latest report, SGX had reorganised its business divisions into three key segments: Fixed Income, Currencies and Commodities (FICC), Equities and Data, Connectivity & Indices (DCI)....