Singapore Exchange has announced a record annual profit for the latest fiscal year, with net income reaching S$609.5 million, marking the strongest performance in more than two decades. Revenue rose 11.7% year-on-year to S$1.3 billion, driven by higher trading volumes in equities, commodities, and currencies.

The exchange is also seeing its most robust IPO pipeline in years, with more than 30 companies preparing to list. This renewed momentum is supported by global capital flows seeking diversification and government incentives that have made listing in Singapore more attractive.

Plans are underway to expand depository receipt programs into regional markets, further strengthening Singapore’s role as a financial hub. Analysts believe the surge in IPO activity will boost investor confidence and attract more international funds in the months ahead.

Sophia Tan

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Disclaimer:The BankOpen Singapore Editorial Team consists of financial analysts, banking industry professionals, and experienced writers. We are dedicated to providing accurate, up-to-date, and practical insights to help readers navigate Singapore’s banking landscape and make informed financial decisions. The information provided in this article is for general informational purposes only and does not constitute financial, investment, or legal advice. Always consult with a qualified professional before making any banking or investment decisions.