ASX today confirmed a record normal net profit after tax of $137.1 million for the full-year ended 30 June 2006. The result represents a 24.6% increase on the $110.0 million achieved for the previous corresponding period to 30 June 2005.
Profit was achieved on normal operating revenue of $305.6 million, which excludes interest and dividend revenue. This revenue was 9.3% higher than the $279.5 million achieved during the previous corresponding period.
ASX also released SFE Corporation Ltd’s unaudited results for the half-year to 30 June 2006. This included a record net half-year profit after tax of $42.3 million, an increase of 26.3 on the previous corresponding period, and was based on a record revenue of $76.4 million, an increase of 9.3% on the previous corresponding period.
The ASX Board has already declared a final dividend of 63.9 cents per share, maintaining the payout policy of 90% of normal net profit after tax. That brought the year’s total dividend to 120.1 cents per share fully franked, a 26.3% increase on the previous year’s total dividend of 95.1 cents per share.
Commenting on the results, ASX Managing Director and CEO Robert Elstone said: “These are both good results, clearly based on strong growth in market volumes.
“Equally importantly, they provide a sound basis for the delivery of merger benefits to shareholders and users over the medium term, which is my key objective, as well as more than adequately fulfilling the combined group’s regulatory obligations.”
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ASX and SFE results - Analyst presentation
ASX consolidated financial statements including additional Appendix 4E disclosures