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Bursa Malaysia’s net profit surges to three-year high in 3QFY2024

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Publish date: Wed, 30 Oct 2024, 02:26 PM

KUALA LUMPUR (Oct 30): Stock exchange operator Bursa Malaysia Bhd (KL:BURSA) reported its highest quarterly net profit in three years, thanks to higher income across its business segments, including the securities and derivatives market. 

Net profit for the three months ended Sept 30, 2024 (3QFY2024) surged 41.93% year-on-year to RM85.74 million, Bursa Malaysia’s bourse filing on Wednesday showed. Revenue for the quarter climbed 33.11% to RM211.26 million — also the highest in three years — from a year earlier.

“The exchange is optimistic about meeting all five headline key performance indicators, including the profit before tax target that had been revised upwards in July 2024.” Bursa Malaysia chief executive officer Datuk Muhamad Umar Swift said.   

Bursa Malaysia did not declare any dividend during the quarter under review. 

 

https://www.theedgemarkets.com/node/732193

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