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ASX lifts nine-month profit

Stock market operator reports growth in all major revenue categories in nine months to March.
By · 7 May 2014
By ·
7 May 2014
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ASX Ltd has delivered a 10% increase in profit after tax in the nine months to March on the back of growth in all of its major revenue categories in the period. 

In the nine months to March 31, ASX delivered a profit after tax of $286.9 million, up from $260.7m in the previous corresponding period.

Revenue came in at $488.4m, a 6.8% increase on the $457.1m recorded in the first nine months of the prior year.

The stock market operator reiterated its full-year capital expenditure guidance of $40m to $45m in the full year, after unveiling total capital expenditure of $28.3m in the nine months to March 31.

Chief executive Elmer Funke Kupper said market listings, share trading and derivatives volumes had all grown.

"ASX's financial performance for the nine months to 31 March was pleasing, building on the recovering global economy and the improved activity levels that were evident in the half year results," he said.

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