Bursa Malaysia Berhad reported PATAMI of RM192.8 million for the nine-month financial period ended 30 September 2023 (“9M2023”), 8.6% higher than the RM177.6 million recorded in the previous corresponding period ended 30 September 2022 (“9M2022”).
The Exchange said the increase was due to lower operating expenses, which decreased by 2.4% to RM209.6 million in 9M2023 from RM214.7 million in 9M2022, due to a one-off reversal of provision. Meanwhile, total operating revenue decreased marginally by 0.8% to RM441.7 million in 9M2023, against RM445.2 million in 9M2022.
For the period under review, the Securities Market registered a 3.3% decrease in trading revenue, totalling to RM196.4 million in 9M2023 compared to RM203.0 million in 9M2022. This decline it said was due to lower Average Daily Trading Value for Securities Market OnMarket Trades (“OMT”) and Direct Business Trades (“DBT”), which stood at RM2.1 billion
compared to RM2.2 billion in 9M2022. Additionally, listing and issuer services decreased by 8.3% to RM47.0 million from RM51.3 million in 9M2022 due to lower perusal and processing fees, as well as additional listing fees resulting from a decrease in the number of corporate exercises.
As for the Derivatives Market, trading revenue fell by 8.0% to RM67.5 million in 9M2023 from RM73.4 million in 9M2022, mainly due to lower collateral management fees earned, and fewer Crude Palm Oil Futures (“FCPO”) contracts traded in 9M2023. However, conference fees and exhibition-related income increased significantly to RM7.3 million in 9M2023 from
RM1.5 million in 9M2022, driven by a substantial rise in the number of participants at the Palm and Lauric Oils Price Outlook Conference & Exhibition (“POC”).
Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa Malaysia commented, “We anticipate to meet most of our headline key performance indicators for the financial year. Bursa Malaysia will continue to foster a vibrant and sustainable capital market ecosystem, with a focus to diversifying fundraising and trading opportunities for our valued
stakeholders. This entails future broadening of our product and service offerings, such as the commercialisation of a new debt fundraising solution for SMEs and the launch of Bursa Gold Dinar
