The Philippine Stock Exchange (PSE) investor relations material

Executive summary

• H1 2026 operating revenue rose 9.43% YoY to ₱1,437.25 mn and net income increased 19.75% to ₱608.38 mn; Q2 net income fell to ₱226.67 mn from ₱253.36 mn.

• Higher transaction, clearing, depository and registry fees supported growth, partly offset by higher service costs.

• As of Aug. 14, the PSEI was up 4.0% YTD and market capitalization rose 9.8% to ₱20.56 tn.

Financial highlights

• H1 operating income rose 16.8% to ₱708.35 mn from ₱606.58 mn; total expenses increased 3.1% to ₱728.90 mn.

• Net income attributable to parent equity holders increased 27.2% to ₱592.00 mn from ₱465.25 mn; H1 EPS rose to ₱7.22 from ₱5.68.

• Q2 revenue was ₱672.44 mn versus ₱667.87 mn; operating income was ₱278.33 mn versus ₱300.24 mn, and net income was ₱226.67 mn versus ₱253.36 mn.

• At June 30, total assets were ₱9.01 bn, equity ₱5.21 bn and liabilities ₱3.80 bn; cash ended at ₱1.445 bn.

• Investment income fell 31.4% to ₱64.68 mn; other income shifted from a ₱12.33 mn loss to ₱23.84 mn income.

Outlook and guidance

• Forthcoming 2026 equity listings and offerings were estimated at ~₱133.70 bn, including Mynt at ~₱92.31 bn and Vitro REIT at ~₱24.19 bn.

• One Share, One Lot and the new trading engine were targeted for Q4 2026; GPDR rule approval and publication were targeted within the quarter.

• Index futures development is underway, with possible multilateral funding under discussion; structured warrant rules are being aligned with SEC rules and issuer feedback.

• PDS integration Phase 2 targets 2027, including a single post-trade system and expanded central depository coverage.

• Planned Nasdaq Eqlipse Trading infrastructure upgrades, funded from internally generated operating funds, include pre-trade risk, options pricing and index calculations.