That said, most of the analysts within this article have increased their target prices after the exchange ended FY2024 on a “firm footing”.
Analysts are keeping their calls intact after Singapore Exchange (SGX:S68
) (SGX) reported a net profit of $597.9 million for the FY2024 ended June 30, 4.7% higher y-o-y. Adjusted earnings – or net profit attributable to equity holders of the company – grew by 4.5% y-o-y to $525.9 million.
Earnings for the 2HFY2024 rose by 10.5% y-o-y to $316.3 million while adjusted earnings for the same period rose by 3.0% y-o-y to $274.5 million.
