, Singapore
Photo from SGX Group

SGX Group posts 1.0% YoY lower net income of $281.6m in 1H24

Its adjusted net income of $251.4m, however, translates to a 6.2% YoY increase.

The SGX Group’s net income dipped 1.0% YoY to $281.6m in 1H24 despite improved revenue and earnings.

In 1H24, SGX recorded $344.6m  earnings before interest, taxes, depreciation, and amortisation (EBITDA), 3.2% higher than the 1H23 figure. 

Its revenue, meanwhile, improved by 3.6% YoY to $592.2m due to higher revenues from “Currencies and Commodities” and “Platform and Others.” SGX’s earnings per share (EPS) was $0.263 in 1H24.

Given the latest financial results, the SGX board declared an interim quarterly dividend of $0.085 per share, payable on 20 February 2024, bringing total dividends in 1H24 to $0.17 per share.
 

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.