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Staff Reporter
,
Singapore
The total adjusted net profit was $503.2m in FY 2023.
Singapore Exchange (SGX) revealed that its adjusted net attributable to equity holders of the company (NPAT) was $503.2m, increasing 10.3% in fiscal year (FY) 2023.
The bourse noted that the adjusted NPAT did not include certain non-cash and non-recurring items that have less bearing on SGX Group’s operating performance. This means, the group, noted that it better reflects their underlying performance.
The adjusted EBITDA went up 8% to $688.6m in FY 2023 whilst the adjusted revenue increased 8.7% to $1.1b in FY 2023. The earnings per share was at 47.1 cents.
Equities revenue increased 1.5% to $709.2m, accounting for 59.4% of total revenue.
Equities-cash revenue went down 10.9% to $346.1m ($388.4m), accounting for 29.0% (35.3%) of total revenue.
SGX Group CEO Loh Boon Chye said global investors are increasingly turning to the bourse’s trusted international marketplaces to invest and manage portfolio risk, with our revenue growth primarily driven by our derivatives business.
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