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PSC Interim / Quarterly Report 2025

Nov 14, 2025

52209_rns_2025-11-14_e03d66a1-ba31-4a12-bfb0-f19f515d526b.pdf

Interim / Quarterly Report

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2025.11.14

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  • This document may contain forward-looking statements, including but not limited to statements that address activities, events or developments that the Company expects or anticipates to occur in the future. All statements are made according to the projection of future operation and various political, economic and market factors beyond the Company’s control. Therefore, the actual results may differ materially from those contained in the forward-looking statements.

  • ⚫ The financial information provided in the document has not fully been reviewed by accountant.

  • ⚫ This document is not and cannot be construed as an offer to purchase or sell securities or other financial products or solicitation of an offer.

  • ⚫ All texts, images, illustrations and other material are subject to copyright held by President Securities Corp. Any reproduction, dissemination, transmission, and forwarding is strictly prohibited without the express written permission of President Securities Corp.

President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

Global Economic Overview

Tariff effects are waning as global economic growth regains stability.

  • The IMF has revised up its projection for 2025 global economic growth to 3.2%, a 0.1 percentage point lower than last year.

  • Impact of tariffs is easing, and economic growth is stabilizing, but policy uncertainties still affect medium/long term outlook.

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The U.S. started an interest rate cut cycle, hope to stabilized the economy and financial markets.

  • Non-farm payrolls added 22,000 in August, and unemployment rate was 4.3%, Fed turned dovish owing to weak labor market.

  • The Fed had cut interest rates by a quarter-point in September and October. In addition, they will end balance sheet reduction in December to address short-term liquidity strains in the financial system.

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China's economic is deceleration, and its internal structure remains unsolved.

  • GDP growth rate of China was 4.6% in 2025Q3, reflecting tariff instability and structural economic issues.

  • Real Estate Investment Index in September was -13.9%, the housing market is hindering economic progress; the September CPI annual growth rate was -0.3%, showing the continuation of deflation.

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Taiwan's economy has strong momentum and is expected to maintain its expansion.

  • The economic growth rate of 2025Q3 was 7.64%, which is a 17-year high peak, primarily reflecting the strong export driven by AI applications and new consumer electronics products..

  • Taiwan's economy is expected to keep its expansion, with the full-year economic growth rate projected to reach above 5%.

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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

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Brief Introduction
President Futures Co.,LTD
Uni-President Asset Management Corp.
President Capital Management Corp.
Number of Date of
President Insurance Agency Co., Ltd.
employees Incorporation
PSC Venture Capital Investment Co., Ltd.
1,855
Product and Services
1988.12.17
Number
Brokerage, Proprietary Trading,
of Branches
31 Underwriting, Fixed Income Dealing, Affiliated
Financial Products, Shareholder Services, Companies
Wealth Management & Trust, Capital
Offshore Securities Units
NTD 160.14
Billion
統一綜合證券 President Securities (Hong Kong) LimitedJinYuan President Securities Co.,Ltd.
President Securities Corporation
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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

Consolidated Balance Sheets Consolidated Balance Sheets Consolidated Balance Sheets
ITEM 2025 Q3
%
2024 Q3
%
YOY
Current Assets
Non-Current Assets
204,726
95%
185,975
95%
10,348
5%
10,007
5%
10%
3%
Total Assets 215,074
100%
195,982
100%
176,396
82%
161,292
82%
1,814
1%
219
0%
10%
9%
728%
Current Liabilities
Non-Current Liabilities
Total Liabilities 178,210
83%
161,511
82%
16,014
7%
14,558
7%
20,850
10%
19,913
10%
10%
10%
5%
Capital Common Stock
Other Equity
Total Equity 36,864
17%
34,471
18%
7%

Unit:Million NTD

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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

Consolidated Income Statement

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ITEM 2025 Q3 % 2024 Q3 % YoY
Revenues 8,616 100% 10,259 100% -16%
Operating Expenses 6,730 78% 7,120 69% -5%
Operating Income 1,886 22% 3,139 31% -40%
Other Income and Costs 1,185 14% 865 8% 37%
Income Before Tax 3,071 36% 4,004 39% -23%
Income Tax Expense 388 5% 385 4% 1%
Net Income 2,683 31% 3,619 35% -26%
Other Comprehensive Income 352 4% 639 7% -45%
Total Comprehensive Income 3,035 35% 4,258 42% -29%
- -
EPS(NTD) 1.67 2.25 -26%
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Unit:Million NTD

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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

5 Years Operating Performances

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營收 Revenue
100 MIL Net Income 淨利
EPS
150
130.30
116.22
100 95.43 3.00
2.75 86.16
62.71
1.98
1.67
50 43.87
40.11
28.90 26.83
0.5
7.36
0
2021 2022 2023 2024 2025 Q2 2025 3 YEAR
SOURCE:MOPS
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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

Business Development

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Brokerage Business

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Proprietary Trading

Financial Innovation

Operating Status

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The new platform was launched in September, integrating into the “Uniopen" cross-industry ecosystem to become the first securities firm to create a model where "Consumption is Investment, and Investment earns Consumption."

Market Promotion

The new platform campaign - Immediately open our APP to seize the excellent opportunity to redeem vouchers, cash equivalents, and other great gifts using your “Openpoint".

This quarter, as tariff concerns had receded, the focus shifted to the high-growth AI industry, causing the main indices to rise in sync with U.S. stocks. The department follow the investment rhythm on time to gain returns.

Operational Strategy

Looking ahead for 2025Q4, the global economies facing trade disruptions, but shows resilience. In short term, the performance of AI supply chain is expected to be revised upward. The department will make appropriate investment and implement shock-resistant strategies.

Join Us :https://webportal.pscnet.com.tw/openpoint/

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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

Business Development

Fixed Income Dealin g

Operating Strategy

The Federal restarted easing cycle, with reduced tariff uncertainty and a cooling U.S. labor market, which is favorable for bond market performance. The department gain a steady rebounds in portfolio returns.

Market Outlook

The Federal is expected to maintain a dovish stance, and quantitative tightening is nearing its end. The overall bond market is therefore tending toward optimism. The department will increase positions in a timely manner and make adjustments to manage the volatility.

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Underwriting Business

Underwriting Performance

The business maintained well development, with market share remaining comparable to the same period last year, while the number of IPO deals and related revenue are both higher than previous years.

Development Strategy

The department will continue to visit highquality companies, seek potential collaboration, and actively expand our strategic deployment.

Wealth Management

Investment Trust

The scale of trust assets had growth compared to last year. The income of Overseas stocks has grown by 209% compared to 2024Q3, and Offshore Structured Notes has grown by 46% .

Marketing Campaign

New function of "U.S. Stock Strategy" was launched in September, providing analysis services. We also continue to promote overseas bond and stock trading activities.

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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

Business Development

Quantitative Trading

Business Profile

The accumulated profits is rank 6th among proprietary concurrent operation of futures business in 2025Q3. Additionally, we continues to diversify operations with algorithmic trading, futures/spot and ETF arbitrage, and other businesses

Operating Strategy

The department to optimize trading models across different risk profiles, aiming to enhance investment performance and mitigate risks

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Financial Product Business

Market Share

The Equity Options Business maintains its position as the 3rd market share holder, while the volume of Structured Notes secures a market share ranking of 2nd. Additionally, the net buy/sell amount of Premiums for warrants attains a market share ranking of 5th.

Marketing Campaign

Moving forward, the department plan to upgrade trading system capacity to support business growth and ensure both system stability and superior market-making. Also, focus on expanding product range to offer investors more diversified options.

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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

AWARDS

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PSC made its debut at the “2025 Taipei International Financial Expo”

TSAA 5th Taiwan Sustainability Action Award SDG 4 Quality Education 【Golden Award】 SDG 3 Good Health and Well-being 【Bronze Award】

Commercial Times Digital Financial Award Digital Innovation Award 【 Golden Prize 】 Digital Fair Hospitality Award 【Excellence Prize】

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Ministry of Environment 7th National Enterprise Environmental Protection Award 【Finalist Award】

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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

Q&A

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