WELLINGTON: New Zealand stock exchange operator NZX Ltd reported on Monday a 56 percent rise in its annual net profit as revenue grew, prompting the company to pay back cash to shareholders.
The company posted a net profit of NZ$14.5 million ($12.2 million) for the 12 months to Dec 31, against a NZ$9.3 million profit a year earlier.
The company, shares in which last traded up seven cents or 2.7 percent at NZ$2.66, declared a dividend of final dividend of 2.75 cents.
Last month NZX said financial services firm Markit would pay $21.4 million by Jan 31 to complete its acquisition of the TZ1 environmental registry, which was sold in 2009.
NZX said it would return between NZ$32.5 million to NZ$35 million to shareholders, through a share cancellation. Afterwards there would be a share split on the basis of seven for three.
NZX's founding chief executive Mark Weldon is leaving the company and will be replaced by Tim Bennett in early May.
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