SINGAPORE - Singapore Exchange Ltd reported a rise of nearly 17 per cent in net profit for the quarter ending in June, but cautioned that a recent surge in market activity amid the coronavirus pandemic could start easing.
SGX said fourth-quarter profit advanced to $121.2 million from a year ago, while revenue rose 12.2 per cent. It posted record full-year revenue of $1.05 billion, up 16 per cent from a year ago, while full-year net profit rose 21 per cent.