Bursa 2Q10 net profit dips 21% y-o-y

KUALA LUMPUR: Bursa Malaysia net profit for the second quarter ended June 30, 2010 fell by 21.4% to RM27.5mil from RM35mil a year ago on lower trading revenue.

Bursa said equities trading revenue decreased by 23% to RM36.8mil in 2Q10 compared to 2Q09.

In a statement to the stock exchange Friday,the stock market operator said revenue fell to RM84.27mil from RM94.58mil a year ago.

It declared an interim single-tier dividend of 9.5 sen per share.