Bursa’s FY22 missed the mark, but efforts to improve ramp up
KUCHING: Bursa Malaysia Bhd’s (Bursa Malaysia) financial year 2022 (FY22) missed analysts expectations with a reported net profit of RM226.6 million. The negative deviation on Kenanga Investment Bank Bhd’s (Kenanga Research) part was due to higher-than-expected marketing investments owing to new initiatives like the Bursa RISE and Carbon Exchange. Year on year (y-o-y), FY22 operating [...]
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