The net profit of the Moscow Stock Exchange in the first quarter of the year according to IFRS increased by 35% to 19.3 billion rubles, according to data from the trading platform. For the same period in 2023, the figure was 14.3 billion rubles.
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EBITDA for the first three months of the year amounted to 25.5 billion in annual terms (+33.7%).
Also during the reporting period, the operating income of the Moscow Stock Exchange increased to 34 billion rubles, which is 46.5% more than last year.
Commission income increased by almost 46% (up to 14.5 billion rubles) and doubled on the stock market. The reason was the increase in business volume, the site explains.
Bond market fee income increased by 18.1% due to a corresponding increase in trading volumes of 17.8% (excluding overnight bonds).
Quarterly net interest and other financial income also increased to 19.4 billion rubles (+47.2%).
According to the results of the first quarter, the volume of own funds of the Moscow Stock Exchange amounted to 145.52 billion rubles.
Previously, financial results for 2023 were published by the St. Petersburg Stock Exchange. Thus, the site’s net profit decreased 2.8 times.
Author:
Natalia Gormaleva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
