Bursa Malaysia FY13 net profit at RM173m, highest since 2008 (Update)

  • Business
  • Wednesday, 29 Jan 2014

KUALA LUMPUR: Bursa Malaysia Bhd posted net profit of RM173.07mil in the financial year ended Dec 31, 2013, which it described as the highest since 2008.

It said on Wednesday the earnings were 15% higher than the RM150.59mil in FY12. Its revenue rose 5.3% to RM474.99mil from RM424.58mil. It proposed a dividend of 16 sen a share compared with 13.50 sen a year ago.

“Cost to income ratio improved from 49% in 2012 to 48% in 2013 while the return on equity recorded an increase from 18% in 2012 to 21% to 2013,” it said.

Bursa Malaysia said the Exchange’s financials has been growing from strength to strength on the back of initiatives targeted at improving technology infrastructure, enhancing market micro structure, expanding product range as well as benefits derived from outreach programmes across all three markets.

It said in FY13 that return on equity was at 21%, an improvement by 3.0 percentage points.

In terms of operating revenue, it increased by 13% to RM439.8mil while operating expenses were at RM229.4mil at 48% cost to income ratio.

“Average daily trading value for securities market at RM2.14bil, up 28%; Market capitalisation as at Dec 31, 2013 at RM1.7 trillion, up 16%,” it said.

In the fourth quarter ended Dec 31, 2013, its earnings slipped 5.3% to RM33.84mil from RM35.76mil a year ago. Its revenue increased by 9.3% to RM113.93mil from RM104.23mil a year ago. Earnings per share were 6.4 sen compared with 6.70 sen.

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Bursa Malaysia , earnings , revenue , dividend


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