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.