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SGX's earnings could dip 19.4% in FY22 on higher expenses: PhillipCapital

Jeffrey Tan
Jeffrey Tan • 1 min read
SGX's earnings could dip 19.4% in FY22 on higher expenses: PhillipCapital
Phillip says the expenses guidance is an 8.6% increase from FY2021 at the mid-point.
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PhillipCapital has reduced its FY2022 earnings forecast by 19.4% to incorporate the Singapore Exchange’s (SGX) higher expenses guidance of between $565 million to $575 million.

This comes after SGX posted a weak set of FY2021 results ended June 30.

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Singapore Exchange (SGX)
BidFX
Scientific Beta

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