THE Philippine Stock Exchange (PSE) said its net income after tax in the first half of 2025 climbed by 25 percent to P495.7 million.
The PSE said the growth is because of the consolidation of the Philippine Dealing Systems Holding Corporation (PDSHC) after the stock exchange bought a controlling stake in it.
The bourse said operating revenues soared 82 percent on the back of a huge jump in trading-related fees and listing-related fees.
Trading-related fees, in particular, climbed by P233.9 million because of transaction fees from PDSHC subsidiaires. Listing-related fees, meanwhile, grew by P36.7 million because of higher listing and listing maintenance fees.
The PSE said these increases were enough to offset the 70 percent increase in total expenses.
Top Line Business Development Corporation, a Cebu-based energy company, is the first company to make its initial public offering in the PSE in 2025.
In March this year, the PSE cut the minimum public float requirement for IPOs from 20 percent to 15 percent. Officials hope that with this, more companies will go public following a tepid listing year in 2024. (ABS-CBN News)
