Earnings per share rose to 15 sen from eight sen previously, its bourse filing showed.
Meanwhile, the stock exchange operator’s quarterly revenue surged 54.08% to RM232.28 million against RM150.75 million, supported by higher trading revenue in the securities and Islamic market segments.
Bursa Malaysia, however, did not declare any dividends for the quarter.
On a quarter-on-quarter basis, the group’s operating revenue increased marginally by 0.68% from RM230.7 million due to increase in revenue from the securities and derivatives market segments. Nevertheless, its net profit grew 16% from RM104.85 million in 4QFY20, underpinned by lower operating expenses.
Commenting on the group’s latest quarterly earnings, Bursa Malaysia chief executive officer Datuk Muhammad Umar Swift said average daily trading value (ADV) for securities market’s on-market trades (OMT) continues to grow and domestic retail investors continue to play a significant role in the local marketplace, sust
KUALA LUMPUR (Feb 2): After posting a record high quarterly net profit of RM121.94 million in the third quarter ended Sept 30, 2020 (3QFY20), Bursa Malaysia Bhd reported a net profit of RM104.85 million in 4QFY20, up 130% from RM45.56 million a year earlier.
Quarterly revenue went up 78% to RM230.7 million from RM129.33 million in 4QFY19 as trading revenue grew significantly for the securities and derivatives markets segment, Bursa Malaysia said in a filing today.
Net profit for the full year surged 103% to RM377.75 million from RM185.86 million in FY19, the exchange’s highest full-year earnings since its listing in 2005.
Revenue rose 59% to RM798.97 million from RM502.49 million in FY19.
KUALA LUMPUR (Dec 10): Bursa Malaysia Derivatives (BMD) has been named the ‘Exchange of the Year Asia Pacific’ by the London-based Global Investor Group at the Futures & Options World (FOW) International Awards 2020.
“The FOW International Award is a significant honour to end the year with,” said BMD chairman Datuk Muhammad Umar Swift in a statement. “It validates our commitment to serve our clients’ needs in providing a reliable hedging instrument against price volatilities, which have been critical, given the Covid-19 pandemic this year.”
“It has been a record year and on behalf of BMD, I would like to convey our appreciation to the industry for the trust and confidence in Bursa Malaysia’s derivative product offerings in managing price and risk exposures,” added Umar, who is also chief executive officer of Bursa Malaysia Bhd.
It received the award from London-based Global Investor Group at the FOW International Awards 2020, recently. chief executive officer Datuk Muhammad Umar Swift said the award was a significant honour to end the year with, validating the exchange operator’s commitment to serve its clients’ needs in providing a reliable hedging instrument against price volatilities, which have been critical given the COVID-19 pandemic this year. It has been a record year and on behalf of BMD, I would like to convey our appreciation to the industry for the trust and confidence in Bursa Malaysia’s derivative product offerings in managing price and risk exposures,” Muhammad Umar, who is also BMD chairman, said in a statement today.