PSEI expects P48.36B stock offerings, posts P389.2M net income from January-June

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00:00The Philippine Stock Exchange Incorporated, or PSEI, is expecting a total of Php 48.36

00:06billion of stock offerings.

00:09Of the five follow-on offerings, three are expected to proceed in September, while the

00:14initial public offering, stock rights offering, and the remaining two FOOs are tentatively

00:20scheduled in the fourth quarter.

00:22Meanwhile, PSEI posted a net income of Php 398.2 million in January to June, which is

00:304.7 percent lower than the Php 417.51 million in the same period last year.