Bursa Malaysia records net profit of RM76.25mil in 2Q, declares 15c dividend/share

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Bursa Malaysia records net profit of RM76.25mil in 2Q, declares 15c dividend/share
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In the second quarter of its financial year ended June 30, 2023, Bursa Malaysia posted a net profit of RM76.25mil, up from RM59.47mil in the previous corresponding quarter.

chairman Tan Sri Abdul Wahid Omar following the release of the company's second quarter results.

For the first half of the year, cumulative net profit was RM132.42mil compared to RM127.44mil in 1H22, on revenue of RM301.1mil versus RM317.19mil previously. Bursa said the average daily trading value of the securities market's on-market trades and direct business trades in 1H23 stood at RM2.09bil against RM2.46bil in 1H22.Notably, funds raised through initial public offerings rose 8.9% to RM2.3bil from RM2.1bil in 1H22.

Non-trading revenue grew 3.2% to RM110.3mil on growth in the data business, whih recorded a 5.6% increase in operating revenue to RM32.9mil.

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