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pearlene
2021-08-05

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SGX reveals $447m profit for FY2021

It points toward expansion as the driving factor of their success. Singapore Exchange (SGX) announc

SGX reveals $447m profit for FY2021

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From $486.9m, this year’s expenses increased by 8% to $525.2m. These largely went toward Scientific Beta and BidFX.</p>\n<p>Meanwhile, adjusted earnings before interest, taxes, depreciation, and amortization remained at $623.9m, down from last year’s $659.7m.</p>\n<p>Loh Boon Chye, CEO of SGX, remains proud of their current financial summary.</p>\n<p>“In FY2021, we continued to build, partner and acquire strategically – strengthening our capabilities, products and platforms across asset classes. We achieved a strong performance as we invested in growing our business, delivering similar record revenues compared to last year amidst a challenging environment. 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SGX reveals $447m profit for FY2021

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