Record-Breaking Financial Performance
SGX Group reported record-high net revenue of S$646 million, a 15.6% increase, and adjusted NPAT of S$320 million, up 27.3% year-on-year. Both adjusted operating profit margin and adjusted NPAT margin showed strong improvement by 6.1% and 4.5% respectively.
Strong Growth in Cash Equities
The cash equities business saw a significant net revenue increase of S$35 million or 22%, with the securities daily average value rising 31% to S$1.26 billion.
Derivatives Market Expansion
Total net revenue from derivatives grew by S$35 million or 14%, driven by a 20% increase in overall derivative daily average volume. The T+1 session contributed significantly, accounting for 20% of the overall derivatives volume.
OTC FX Business Growth
The OTC FX business saw net revenue grow by S$14 million or 36%, with the average daily volume increasing to $136 billion. Its EBITDA contribution to the group increased to 5% from 3% the previous year.
FX Franchise Achievements
The FX franchise achieved a record average daily volume of over US$154 billion, with listed FX futures daily average volumes rising 40% year-on-year.
Dividend Increase
The Board declared a quarterly dividend of $0.09 per share, bringing the total dividends for the first half of FY 2025 to $0.18 per share, a 6% increase.