Bursa Malaysia records net profit of RM252.4 million for FY23

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Bursa Malaysia records net profit of RM252.4 million for FY23
Bursa MalaysiaNet ProfitFinancial Year
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Bursa Malaysia Bhd reported a net profit of RM252.4 million for the financial year ended Dec 31, 2023 (FY23), an 11.4% increase from the previous year. The increase is attributed to higher operating revenue and a marginal increase in operating expenses. The company also declared a final dividend of 14 sen per share, bringing the total dividend for the year to 29 sen per share.

Bursa Malaysia Bhd recorded a net profit of RM252.4 million for the financial year ended Dec 31, 2023 (FY23), an 11.4% increase from the RM226.6 million reported in FY22. The increase is attributed to higher operating revenue by 1.3% to RM592.8 million from RM585.3 million in FY22. Meanwhile, total operating expenses saw a 0.6% marginal increase to RM294.5 million from RM292.7 million peviously.

The board of directors approved and declared a final dividend of 14 sen per share, amounting to about RM113.3 million, in addition to the interim dividend of 15 sen per share paid in August 2023. This brings the total dividend for the year to 29 sen per share, representing a payout ratio of 93% for FY23. “Notwithstanding the challenging outlook, emerging markets and developing economies have outperformed advanced economies. Malaysia’s economy, in particular, remains resilient in 2023, with a projected GDP growth rate of close to 4%,” commented Bursa Malaysia chairman Tan Sri Abdul Wahid Oma

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Bursa Malaysia Net Profit Financial Year Operating Revenue Operating Expenses Dividend

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