SGX announces First Quarter profit of $94.1 Million for FY2010

SGX announces First Quarter profit of $94.1 Million for FY2010

15/10/09

    • Net profit: $94.1 million, 11.3% higher
    • Operating revenue: 9.5% increase to $173.4 million
    • Securities market revenue: Up 40.6% to $104.6 million
    • Net derivatives clearing revenue: Down 27.0% to $33.7 million
    • Stable revenue: Down 7.0% to $35.1 million
    • 11# new listings raised $0.26 billion
    • Secondary fund raising remained strong with $5.23 billion raised*

Singapore Exchange Limited (SGX) today announced a net profit of $94.1 million for the first quarter of its financial year 2010. This is 11.3% higher compared to 1Q FY2009 ($84.5 million). Operating revenue increased 9.5% to $173.4 million (1Q FY2009: $158.2 million). Operating expenses increased by 11.9% to $59.7 million (1Q FY2009: $53.4 million) due to higher variable bonus expense and technology-related expenditure.

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The complete 1Q FY2010 financial statements are available on the Investor Relations page of the SGX website at www.sgx.com. (SGX SP, SGXL.SI)