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SGX's full-year earnings flat at $349 mil

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SGX's full-year earnings flat at $349 mil

Joan Ng Published on Wed, Jul 27, 2016 / 6:26 PM GMT+8

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SINGAPORE (July 27): The Singapore Exchange reported earnings of $349 million for FY2016 ended June, unchanged from the previous year. Revenue increased 5% to $818.1 million.

SGX's earnings were negatively impacted by a $6 million impairment charge on its investment in the Bombay Stock Exchange.

CEO Loh Boon Chye called it a "consistent performance", adding that while it was a slower year for listings, derivatives continued to do well.

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