ASX Full-Year Net Profit Rises 2.7%

Australia's exchange operator ASX

reported a 2.7% rise in its full year earnings. ASX's net profit for the year surged to 348.2 million Australian dollars (US$312.6 million), from a year-ago profit of A$339.2 million. However, analysts were expecting a profit of A$347.5 million. Its revenue rose 1.1% to A$617.4 million. ASX also announced its plans to pay a final dividend of A$0.823 per share. ASX shares closed at $32.00 yesterday.