Shares & Derivatives
Singapore Exchange’s (SGX: S68) Latest Earnings: Growth Across All Business Segments
By Seedly  •  January 25, 2021
After the stock market closed on Friday, Singapore’s only stock exchange, Singapore Exchange Limited (SGX: S68), posted its financial results for the first half ended 31 December 2020 (1H FY2021). Overall, the company showed stable growth. Let’s find out more right here! TL;DR: Growth In All Three Business Segments
  • Revenue rose 9% year-on-year to S$521 million with growth across all its three business segments, amid an uncertain environment
  • Net profit improved 12% to S$240 million
  • SGX’s balance sheet remained healthy with a net cash position of S$455 million
  • Interim dividend per share rose 7% to 8.0 Singapore cents, up from 7.5 cents a year ago
Show Me The Moolah  SGX’s 1H FY2021 revenue climbed to S$520.8 million, up 8.8% from S$478.5 million a year ago. All of SGX’s three business segments — Fixed Income, Currencies and Commodities (FICC); Equities; and Data, Connectivity and Indices (DCI) — saw higher revenue....
Read the full article
By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance