Bourse Q1 income soars 86.47%

THE Philippine Stock Exchange (PSE) saw its net profit in the first quarter surge by 86.47 percent to P175 million from P93.9 million in the same period in 2018 on the back of a 922.54-percent increase in its other income.

In a regulatory filing on Thursday, the bourse said other income grew to P83.10 million from P9 million year-on-year.