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Bursa Malaysia posts 1H net profit of RM155.48mil on jump in trading revenue

The Star LogoThe Star2h ago

Bursa Malaysia posts 1H net profit of RM155.48mil on jump in trading revenue - The Star

Quick Summary:

KUALA LUMPUR: The strong first-half performance of Bursa Malaysia Bhd is a result of the improved liquidity and market sentiments on the back of increased optimism in Malaysia’s economic progress and plans, said chairman Tan Sri Abdul Wahid Omar.

In the second quarter of 2024 (2Q24), Bursa Malaysia registered a net profit of RM80.45mil, up from RM76.25mil in the year-ago quarter, translating to an earnings per share of 9.9 sen against 9.4 sen previously.

Taking into account the year-to-date result, Abdul Wahid said the board of directors has revised the pre-tax profit (PBT) headline key performance indicator (KPI) higher to a range of RM361mil to RM379mil from the previously announced range of RM293mil to RM323mil.

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-30 @ 13:48:00 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 600 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 21849654

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 37 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 52 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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The story "Bursa Malaysia posts 1H net profit of RM155.48mil on jump in trading revenue" was covered 2 hours ago by The Star, a news publisher based in Malaysia.

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  • URL: https://beamstart.com/news/bursa-malaysia-posts-1h-net-17223193707052

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