The Philippine Stock Exchange (PSE) saw its net income dive by 37.38 percent to P450.2 million as of end-September, from P718.9 million a year earlier, following a scarcity in listings.

“The drop was mainly brought about by the decline in operating revenues by 20.84 percent or by P248.93 million, which was caused by the 45.54 percent or P310.38 million lower listing-related income during the period,” the PSE said in a disclosure on Wednesday.

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