Singapore Exchange - OCBC Investment Research 2025-02-07: Broad-based Growth Drove Strong Earnings Scorecard

Singapore Exchange - Broad-based Growth Drove Strong Earnings Scorecard

Published:
SGX (SGX:S68) | SGinvestors.io
  • SGX's 1HFY25 core profit after tax and minority interests (PATMI) jumped 27.3% y-o-y to S$320.1m. Interim quarterly dividend per share (DPS) of 9.0 Singapore cents declared, resulting in 1HFY25 DPS of 18.0 Singapore cents, an increase of 5.9% y-o-y.

1HFY25 core PATMI jumped 27.3% y-o-y to S$320.1m and beat our expectations

  • - Read this at SGinvestors.io -
  • Growth was broad-based, as operating revenue grew 21.9%, 19.8%, 13.8% and 1.8% for its Equities-Cash, Equities-Derivatives, Fixed Income, Currencies and Commodities (FICC) and Platform and Others segments respectively.
  • - Read this at SGinvestors.io -
  • Headline PATMI jumped 20.7% y-o-y to S$340.0m and after adjusting for one-off items, core PATMI surged 27.3% y-o-y to S$320.1m. This accounted for 56.2% of our initial FY25 forecast.

1HFY25 dividend of S$0.18 declared, representing an increase of 5.9% y-o-y

  • Read more at SGinvestors.io.




Above is the excerpt from report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full report in PDF @ https://www.iocbc.com/.




OCBC Research Team OCBC Investment Research | https://www.iocbc.com/ 2025-02-07



Previous report by OCBC:
2024-11-20 Singapore Exchange - Strong Derivatives Momentum To Sustain Earnings Growth.

Price targets by 5 other brokers at SGX Target Prices.

Listing of research reports at SGX Analyst Reports.

Relevant links:
SGX Share Price History,
SGX Announcements,
SGX Dividend Payout Dates & Corporate Actions,
SGX News





Advertisement

You May Also Like




SGX Stock / REIT Search

Advertisement

Most Read

Trust Bank Referral Code

Advertisement