The earnings call highlighted SGX's robust financial performance, with record revenues and significant growth in key segments like cash equities and derivatives. While there were some challenges such as a decline in the interest coverage ratio and flat treasury income, these were outweighed by the positive financial achievements and strategic growth initiatives.

Company Guidance -

Q4 2025

During the first half of fiscal year 2025, SGX Group reported a robust financial performance with a 15.6% increase in group net revenue, reaching S$646 million and a 27.3% rise in adjusted NPAT to S$320 million. The cash equities segment saw net revenue growth of 22%, with the securities daily average value (SDAV) increasing 31% to S$1.26 billion. The derivatives franchise experienced a 14% net revenue growth, with a 20% increase in overall derivative daily average volume. OTC FX also showed strong performance, with net revenue rising by 36% and average daily volume reaching $136 billion. The fixed income, currencies, and commodities (FICC) segment grew by 13%, contributing to 25% of the total revenue. Operating profit margin and NPAT margin improved by 6.1% and 4.5%, respectively. SGX's expenses remained steady, and capital expenditure was reported at $22 million for the first half, with expectations to stay at the lower end of the $70 million to $75 million guidance for the full year. The board declared an interim quarterly dividend of $0.09 per share, marking an almost 6% increase, aligning with its aim for mid-single-digit percentage CAGR growth in dividends subject to earnings growth.

Record Operating Revenue and Earnings

SGX Group delivered the highest levels of half-year operating revenue and earnings. Group net revenue increased by 15.6% to S$646 million, while adjusted group NPAT increased 27.3% to S$320 million.

Strong Growth in Key Segments

Cash equities net revenue increased by S$35 million or 22%, with SDAV up 31% to S$1.26 billion. Derivatives net revenue grew S$35 million or 14%, with a 20% growth in overall derivative daily average volume.

OTC FX Expansion

OTC FX net revenue grew by S$14 million or 36%, with average daily volume also increasing by 36% to US$136 billion.

Robust Balance Sheet

Moody's reaffirmed SGX's AA2 rating, with a healthy leverage ratio decline to 0.9 times due to improved margins.

Increased Dividend

The Board declared an interim quarterly dividend of $0.09 per share, bringing the total to $0.18 per share, a 6% increase.

Singapore Exchange (SG:S68) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SG:S68 Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 08, 2025	2025 (Q4)	0.29 / -	0.257	―	―	―
Feb 06, 2025	2025 (Q2)	0.30 / 0.32	0.235	34.47% (+0.08)
Aug 07, 2024	2024 (Q4)	0.25 / 0.26	0.269	-4.46% (-0.01)
Jan 31, 2024	2024 (Q2)	0.25 / 0.23	0.258	-8.91% (-0.02)
Aug 17, 2023	2023 (Q4)	0.20 / 0.27	0.219	22.83% (+0.05)
Feb 08, 2023	2023 (Q2)	0.22 / 0.26	0.207	24.64% (+0.05)	―	―
Oct 27, 2022	2023 (Q1)	- / -	0.186	―	―	―
Aug 17, 2022	2022 (Q4)	0.22 / 0.22	0.19	15.26% (+0.03)	―	―
Feb 04, 2022	2022 (Q2)	0.20 / 0.21	0.22	-5.91% (-0.01)	―	―
Aug 04, 2021	2021 (Q4)	0.14 / 0.19	0.113	68.14% (+0.08)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SG:S68 Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 06, 2025	S$12.55	S$13.81	+10.07%
Aug 07, 2024	S$9.51	S$9.54	+0.32%
Jan 31, 2024	S$8.98	S$8.96	-0.21%
Aug 17, 2023	S$8.97	S$8.95	-0.21%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Singapore Exchange Ltd (SG:S68) report earnings?

Singapore Exchange Ltd (SG:S68) is schdueled to report earning on Aug 08, 2025, After Close (Confirmed).

What is Singapore Exchange Ltd (SG:S68) earnings time?

Singapore Exchange Ltd (SG:S68) earnings time is at Aug 08, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Singapore Exchange Ltd stock?

The P/E ratio of Singapore Exchange is N/A.

What is SG:S68 EPS forecast?

SG:S68 EPS forecast for the fiscal quarter 2025 (Q4) is 0.29.

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