Bursa Recorded Profit After Tax of RM355.3 Million, 6% Decrease YoY, Final Dividend of 17 Sen

Bursa Malaysia Berhad recorded a Profit After Tax and Zakat of RM355.3 million for the financial year ended 31 December 2021, a 6.0 percent decrease from the RM377.7 million reported in the previous financial year ended 31 December 2020.

This is mainly due to lower operating revenue of RM751.6 million in FY2021 compared to RM778.8 million in FY2020, a decrease of 3.5 percent. The total operating expenses in FY2021 was lower by 1.1 percent at RM288.6 million against RM291.8 million in
FY2020.

For FY2021, the Securities Market registered a trading revenue of RM442.9 million compared to RM498.9 million in FY2020, a decrease of 11.2 percent due to lower average daily trading value (ADV) for on-market transactions and direct business transactions.

An increase of 20.1 percent in new structured warrants listed resulted in a total of 1,451 new structured warrants, which contributed to the increase in listing and issuer services revenue by 24.3 percent to RM70.8 million while depository services revenue rose by 18.3 percent to RM58.2 million from RM49.2 million in FY2020.

The Board of Directors approved and declared a final dividend of 17 sen per share, amounting to approximately RM137.6 million. This brings the total dividend payout for FY2021 to 41 sen per share, which includes the interim dividend of 24 sen paid out in August 2021.

Although a record high of 18.4 million total contracts traded in 2021 surpassing the previous high of 18.2 million total contracts registered in 2020, the Derivatives Market trading revenue decreased by 4.1 percent to RM87.3 million in FY2021 from RM91.1 million in FY2020. This was attributed to the lower number of FKLI contracts traded in 2021, which attracts higher trade fee. The lower collateral management fees earned subsequent to the reduction in the fee rate to 0.5 percent from 1.0 percent effective July 2020 also contributed to the decrease in the trading revenue. The FCPO contract continued to be actively traded, recording a strong performance of 15.6 million total contracts traded in year 2021, breaking the previous record of 14.6 million total contracts traded, an increase of 6.9 percent.

“We will continue efforts to expand our Islamic Capital Market by developing new Shariah-compliant products and services, creating greater alignment between Shariah investing and Sustainable and Responsible Investment, while exploring product expansion across the value chain of Islamic wealth management solutions,” said Datuk Muhamad Umar Swift.

“As pledged in September of last year, the Exchange is working to achieve carbon neutrality by 2022 and net zero emissions by 2050 across its entire operations. Further, to support the country’s transition towards a low carbon economy, we are working with various industry experts on the establishment of a Voluntary Carbon Market and will soon formalise an Industry Working Group to provide insights on implementation strategies that are vital for the creation of a sustainable voluntary carbon market ecosystem,” Datuk Umar commented on the ESG practices of the Exchange.

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