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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Wall Street closes higher for third session on rate cut optimism
Trading ideas: Ho Hup, Favelle, KKB, Nice, Sunzen Biotech, Sin-Kung, Ireka, Malaysian Genomics, RHB, Seng Fong
RBA to maintain key rate to restrain price pressures
The Global South and the need for economic growth
Optus names Stephen Rue as new chief executive
ADB gets highest net income allocation in history
Century-old association continues moving with the times
F&N to focus on growth through sales volume
Shell in talks to sell Malaysian petrol stations
Vietnam garment sector faces supply bottlenecks

Others Also Read