The full annual report including the audited financial report for the 2002 year is available on the company's website www.sfe.com.au. The highlights include:
- Net profit after tax of $26.8 million - a 25% increase on the $21.4 million net profit after tax in 2001.
- A final dividend of 10.5 cents per share, fully franked, taking the total dividends for the year to 15.4 cents per share, fully franked, an increase of 3.4 cents or 28% on 2001.
- Return on equity of 18.1% for the year.
The result was achieved despite futures and options trading volumes being virtually the same as the volumes in 2001 (down 0.06%), which in turn were up 15% on 2000. 2003 has started very encouragingly with record trading volumes in January and February up 15% over the same period in 2002 and particularly strong volumes in the 90 day bank bill and SPI 200™ index contracts.
SFE Corporation Limited (SFE) is a publicly listed provider of exchange-traded and over-the-counter financial services for investors globally. Fully electronic and with 24-hour trading capability, SFE offers trading products for investment and risk management and disseminates market data and information. SFE Clearing is the fully owned clearing and settlement arm of SFE Corporation Limited, and provides central counterparty clearing, central securities depository and cash settlement services. www.sfe.com.au
For further information please refer to the full report.
