The Singapore Exchange has posted a 14 percent increase in revenue to S$172.2 million in the second quarter, attributed to increased trading activities in the securities market.
Meanwhile, its adjusted net profit stood at S$81.7 million and its net profit without adjustment reached S$74.2 million, while its adjusted return on equity was 11.3 percent (11.1 percent) and earnings per share stood at 7.66 cents (7.24 cents).
“We saw growth across all our businesses, which contributed to the strongest quarter in over a year,” said Mr. Magnus Bocker, Chief Executive of SGX.
“We will continue to grow our membership base and launch new products and services. We are on track to roll out the Reach initiative, starting with the launch of co-location services for our members and customers in the new data centre in 4Q FY2011 and SGX Reach (new securities trading engine) in later 2011. This will further strengthen SGX’s position as the Asian Gateway,” he said.