The London Stock Exchange PLC posted a 40 percent drop in first-half earnings on Wednesday on the back of lower trading and warned that market conditions remain uncertain.
The bourse reported net profit of 49.3 million pounds ($82.4 million) for the six months ended Sept. 30, down from 81.7 million pounds a year ago.
Revenues fell 9 percent to 310.9 million pounds, from 342.5 million pounds, as the exchange was also hit by increased competition.
Wednesday, November 25, 2009
LSE first-half net profit drops 40 percent
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment