CR03176-2015

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended
Mar 31, 2015
2. SEC Identification Number
845
3. BIR Tax Identification No.
000-508-536-000
4. Exact name of issuer as specified in its charter
Solid Group Inc.
5. Province, country or other jurisdiction of incorporation or organization
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
2285 Don Chino Roces Avenue, Makati City Postal Code 1231
8. Issuer's telephone number, including area code
(632) 843-1511
9. Former name or former address, and former fiscal year, if changed since last report
n.a.
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common 1,821,542,000
11. Are any or all of registrant's securities listed on a Stock Exchange?
Yes
No
If yes, state the name of such stock exchange and the classes of securities listed therein:
Philippine Stock Exchange / Common
12. Indicate by check mark whether the registrant:

(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)

Yes
No
(b) has been subject to such filing requirements for the past ninety (90) days
Yes
No

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Solid Group, Inc.SGI

PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended Mar 31, 2015
Currency (indicate units, if applicable) Philippine Peso
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Mar 31, 2015 Dec 31, 2014
Current Assets 7,301,821,411 7,377,683,323
Total Assets 13,567,765,356 13,657,291,704
Current Liabilities 3,162,451,992 3,193,588,159
Total Liabilities 4,137,136,447 4,166,012,395
Retained
Earnings/(Deficit)		 2,536,249,664 2,590,367,022
Stockholders' Equity 9,430,628,909 9,491,279,309
Stockholders' Equity - Parent 9,115,694,319 9,168,511,864
Book Value per Share 5 5.03
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 650,230,040 835,002,078 650,230,040 835,002,078
Other Revenue 4,033,293 27,016,832 4,033,293 27,016,832
Gross Revenue 654,263,333 862,018,910 654,263,333 862,018,910
Operating Expense 526,548,626 709,097,968 526,548,626 709,097,968
Other Expense 196,843,453 213,717,709 196,843,453 213,717,709
Gross Expense 723,392,079 922,815,677 723,392,079 922,815,677
Net Income/(Loss) Before Tax -69,128,746 -60,796,767 -69,128,746 -60,796,767
Income Tax Expense -678,533 4,093,061 -678,533 4,093,061
Net Income/(Loss) After Tax -68,450,213 -64,889,828 -68,450,213 -64,889,828
Net Income Attributable to
Parent Equity Holder		 -54,117,358 -53,810,031 -54,117,358 -53,810,031
Earnings/(Loss) Per Share
(Basic)		 -0.03 -0.03 -0.03 -0.03
Earnings/(Loss) Per Share
(Diluted)		 -0.03 -0.03 -0.03 -0.03
Other Relevant Information

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Filed on behalf by:
Name MELLINA CORPUZ
Designation VP & CHIEF ACCOUNTING OFFICER