Bullish market lifts PSE Q1 profit by 50%

MANILA, Philippines –  The Philippine Stock Exchange Inc. (PSE) nearly doubled it first-quarter net income on stronger trading activity and higher service revenues amid a bullish local market earlier this year. In a statement, the local bourse operator said first-quarter net income climbed 49.9 percent to P381.71 from P254.67 million a year ago. Operating revenues grew 18.5 percent to P746.81 million from P645.49 million previously, driven mainly by higher trading-related and service fees. READ: PSE sets P175-B capital-raising goal for ’26 Trading-related fees rose 15.7 percent during the quarter, while service fees increased 24.8 percent as both the PSE and […]... Keep on reading: Bullish market lifts PSE Q1 profit by 50%

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