Bursa Malaysia 2Q net profit surges to RM86.22m, shares at record high

Bursa Malaysia CEO Datuk Muhamad Umar Swift said: “I am pleased with our strong first half financial results. Our Annualised ROE and EPS of 39% and 18.7 sen respectively has allowed the Board to declare an interim dividend of 17.0 sen, the highest since listing in 2005.”

KUALA LUMPUR: Bursa Malaysia Bhd, whose share price surged to a record high of RM10.98 on Tuesday, delivered a strong set of financial results in the second quarter ended June 30,2020 with net profit of RM86.22mil.

The stock exchange operator announced at midday its net profit jumped 86% from RM46.34mil a year ago underpinned by the strong performance from the securities market as trading volume had surged to fresh historic highs.

Bursa's revenue increased by 45% to RM179.77mil from RM123.96mil. Earnings per share were 10.7 sen compared with 5.7 sen a year ago.