PSE Reports 57.5% Profit Growth in 2024, Driven by PDS Acquisition

The Philippine Stock Exchange Inc. (PSE) posted a 57.5% increase in net income for 2024, reaching ₱1.21 billion from ₱766.31 million the previous year. The surge was largely due to its acquisition of a controlling stake in the Philippine Dealing System Holdings Corp. (PDS).

Despite flat operating revenues of ₱1.40 billion and a 14.9% rise in expenses to ₱861.67 million, PSE saw a 166% jump in other income, totaling ₱836.32 million. This was driven by gains from the re-measurement of its PDS equity stake, now at 78.33% ownership as of February 24, 2025.

Strategic Growth Plans

📈 Acquired 61.92% additional stake in PDS for ₱3.75 billion
📉 Aims for seamless integration of PSE and PDS
💰 Plans to strengthen fixed-income and depository businesses

“The acquisition of PDS will enhance our market development initiatives and boost our bottom line,” said PSE President and CEO Ramon Monzon.

The company now focuses on fully integrating both entities, improving market efficiencies, and expanding investor participation.