KUALA LUMPUR (Jan 30): Bursa Malaysia Bhd's net profit for the fourth quarter ended Dec 31, 2018 (4QFY18) fell 6.2% year-on-year to RM51.86 million from RM55.27 million, mainly due to lower trading revenue.
In a filing today, Bursa Malaysia said revenue for the quarter dropped 8.7% to RM128.92 million from RM141.2 million a year earlier.
Bursa Malaysia declared a second interim dividend of 11.6 sen per share for FY18, amounting to about RM93.7 million, payable on Feb 28.
For the full year ended Dec 31, Bursa Malaysia posted higher net profit of RM224.04 million compared to RM223.04 million a year ago. However, revenue dipped to RM550 million from RM556.83 million in the previous year.
In a separate statement today, Bursa Malaysia chief executive officer Datuk Seri Tajuddin Atan said despite market volatility and challenging global economic environment, Bursa Malaysia's financial performance remained resilient.
"I believe the strategic initiatives implemented over the years have laid a solid foundation that will place us in a better position to fulfil the needs of our stakeholders and ensure wider relevance and sustainability of our business for long-term value creation.
"Moving forward, the exchange will continue to invest in people development and building resilient systems that are crucial towards supporting the growth agenda for the capital market," he said.