Bursa Malaysia Q3 earnings up 14.8% to RM53m (Update)

KUALA LUMPUR: Bursa Malaysia Bhd’s earnings rose 14.8% to RM53.09mil in the third quarter ended Sept 30, 2014 from RM46.21mil a year ago, boosted by higher profit from its securities market operations.

The stock exchange operator said on Monday its revenue increased by 7.2% to RM128.96mil from RM120.28mil. Earnings per share were 10 sen compared with 8.7 sen.

The securities market recorded a segment profit of RM78.8mil in 3Q14, an increase of 15% compared to RM68.7mil in 3Q13. 

The higher profit in 3Q14 was mainly a result of higher trading value on the securities market compared to 3Q13.

The derivatives market recorded a segment profit of RM10.3mi in 3Q14, an increase of 1% compared to RM10.2mil in 3Q13. The higher profit in 3Q14 was due to the increase in contracts traded.

For the nine-months period, its earnings rose 4.2% to RM145.08mil from RM139.23mil in the previous corresponding period. Its revenue increased by 3.9% to RM375.27mil to RM361.06mil.

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