PSE Posts P1.2 Billion Net Income in 2024

The Philippine Stock Exchange, Inc. (PSE) registered a 57.5 percent growth in its 2024 profit to P1.21 billion, from P766.31 million the year before.

Operating revenues remained flat at P1.40 billion while expenses increased by 14.9 percent from P750.22 million to P861.67 million due to higher depreciation and maintenance fees for the trading and clearing and settlement systems. The Exchange’s Other Income, on the other hand, surged by 166.0 percent from P314.37 million to P836.32 million due primarily to gains on remeasurement of previously held equity interest of P462.86 million, which amount came from the consolidation of the additional stake in Philippine Dealing System Holdings Corp. (PDS) that was purchased by PSE as of end-December 2024.

“The three-year strategic plan we laid out last year included the acquisition of PDS, which should provide a significant boost to our market development initiatives and bottom line,” said PSE President and CEO Ramon S. Monzon. “Our post-acquisition objectives will be focused on the seamless integration of both entities to fully realize the synergies, efficiencies, and risk management benefits. We will also continue to pursue and complete the initiatives that PDS has already started on the fixed income and depository businesses to further expand investor participation and protection in our market.”
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As of February 24, 2025, PSE’s ownership in PDS stands at 78.33 percent, from its original equity interest of 20.98 percent.