SGX net profit down 1% in the first half of FY24

Muted growth: The reception area of the SGX headquarters is seen in Singapore. The firm says it will remain prudent in managing its expenses and capital expenditure. — Bloomberg

SINGAPORE: The Singapore Exchange (SGX) will expand its multi-asset offerings and drive the growth of its emerging products, says chief executive Loh Boon Chye, as the group reported its half-year results yesterday.

SGX posted a net profit of S$281.6mil in the first half of the 2024 financial year that ended Dec 31, 2023, a drop of 1% compared with S$284.6mil a year ago.