ASX Fiscal-Year Profit Down 3.7%

ASX Ltd

reported a 3.7% drop in its full-year profit. Its net profit for the period declined to A$339.2 million (US$356 million), versus A$352.3 million, in the year-ago period. However, analysts were expecting a net profit of A$341 million. Its cash market revenue dropped 7% to A$124.5 million, while listings revenue declined 11.2% to A$133.4 million.