ASX lifts H1 profit as listings spike

Company News

The operator of the Australian Securities Exchange, ASX Limited (ASX:ASX) has lifted its first half net profit by 10.8 per cent to $189.6 million. 
 
The market operator’s interim result was given a boost by a spike in local listing activity and improved global economic conditions in the last six months of 2013.
 
CEO Elmer Funke Kupper says all major ASX business lines increased revenue year-on-year for the first time since the global financial crisis of 2008.
 
Mr Funke Kupper has also affirmed the company’s commitment to maintaining Australia’s position as an attractive and globally competitive financial market. 
 
ASX has rewarded shareholders by improving its fully-franked interim dividend by 0.3 per cent to 88.2 cents per share. 
 
Shares in ASX gained 1.57 per cent to end at $36.25 yesterday, following the results announcement.

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