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HKEx sees profit down 19% in Q3

Nov. 8, 2012 (China Knowledge) - Hong Kong Exchanges and Clearing Ltd or HKEx<0388>, the world's leading exchange operator by market value, booked HK$1 billion in net profit in the third quarter of this year, reflecting a YoY decrease of 19%.

Earnings per share for the period were HK$0.93, 19% less than in the corresponding period of 2011.

In the third quarter of this year, the exchange operator saw its revenue decrease 13% from a year earlier to HK$1.69 billion.

Average daily turnover, the key factor of exchange revenue, plunged 36% YoY to HK$46.4 billion in the three-month period.  

In the first nine months of 2012, HKEx saw its operation revenue decrease 8% YoY to HK$5.46 billion, while its net profit for the period down 16% YoY to HK$3.22 billion.







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