Record Operating Revenue
ASX delivered a record operating revenue of $541.9 million for the first half of FY '25, which was an increase of 5.9% compared to the prior corresponding period.
Strong Financial Performance
Underlying net profit after tax increased by 10.1%, and statutory profit was up by 5.6%. The underlying return on equity increased by 90 basis points to 13.5%.
Expense Management
Total expenses for the period were $220.3 million, which is down 0.2%, reflecting continued focus on expense management.
Growth in Net Interest Income
Net interest income was up by 9.4% to $43.1 million, supported by higher net interest received from ASX's cash balances and collateral balances.
Technology Modernization Progress
ASX made good progress in its major technology projects, with several updates planned to be delivered soon.
Dividend Announcement
The Board determined a fully franked interim dividend of $1.112 per share, reflecting a payout ratio of 85% of underlying NPAT.