Bursa Malaysia’s net profit jumps to RM86.23m in Q2 | Malay Mail

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Bursa Malaysia’s net profit jumps to RM86.23m in Q2 | Malay Mail
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KUALA LUMPUR, July 28 — Bursa Malaysia Bhd’s net profit for the second quarter ended June 30, 2020, jumped to RM86.23 million compared to RM46.34 million recorded in the same period last year. Revenue rose to RM179.78 million from RM123.96 million previously, the group said in a filing to Bursa...

Revenue rose to RM179.78 million from RM123.96 million previously, the group said in a filing to Bursa Malaysia today. — Bernama pic

Revenue rose to RM179.78 million from RM123.96 million previously, the group said in a filing to Bursa Malaysia today. “Meanwhile, total operating expenses in 1H2020 increased by 3.7 per cent to RM127.1 million from RM122.6 million in 1H2019, mainly due to higher staff and technology costs. This is Bursa Malaysia’s highest first-half financial performance since its listing in 2005,” it said.

“We are witnessing strong retail participation and have recorded the highest trading in Bursa’s history of 12.5 billion on July 20, 2020. The emergence of millennials in the marketplace is also very encouraging and has been something we have been working very hard to achieve.

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