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SGX posts record first-half revenue, net profit; CEO Loh fields succession questions

Jovi Ho
Jovi Ho • 7 min read
SGX posts record first-half revenue, net profit; CEO Loh fields succession questions
SGX Group posted its highest first-half revenue and net profit since listing in 2000. Photo: Albert Chua/The Edge Singapore
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At under 50 minutes, Singapore Exchange (SGX:S68) ’s (SGX) Feb 6 results briefing was the shortest in recent memory, as analysts had few questions for the bourse operator’s highest first-half revenue and net profit since listing in 2000.

SGX posted adjusted net profit of $320.1 million for 1HFY2025 ended Dec 31, 2024, up 27.3% y-o-y; while adjusted ebitda was up 23.9% y-o-y at $426.9 million. Adjusted earnings per share was 29.9 cents, up from 23.5 cents this time last year.

Adjusted ebitda, net profit and earnings per share exclude “certain non-cash and non-recurring items that have less bearing on SGX Group’s operating performance”, says SGX, which “better reflect underlying performance”.

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