SGX adjusted net profit for 1H FY2024 up 6.2% to $251.4 million

The Singapore Exchange has made an adjusted net profit of $251.4 million for the first half of its current financial year. That's up by about 6.2% from last year. It was largely driven by higher revenue, while expenses were kept in check. Its board of directors announced an interim quarterly dividend of 8.5 cents per share. From July to December last year, SGX's revenue increased 3.6% to over $592 million. That was mainly due to the higher revenue driven by currencies and commodities, which grew nearly 30% to $148 million. SGX expects some level of economic uncertainty this year. Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service for must-read stories: Telegram - https://cna.asia/telegram WhatsApp - https://cna.asia/whatsapp Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook: https://www.facebook.com/channelnewsasia Instagram: https://www.instagram.com/channelnewsasia Twitter: https://www.twitter.com/channelnewsasia TikTok: https://www.tiktok.com/@channelnewsasia