CR03360-2015

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
30354
3. BIR Tax Identification No.
287191423000
4. Exact name of issuer as specified in its charter
DOUBLEDRAGON PROPERTIES CORP.
5. Province, country or other jurisdiction of incorporation or organization
Republic of the Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
5th Floor People's Hotel Delgado St., Iloilo City Postal Code 5000
8. Issuer's telephone number, including area code
(632) 856-7111
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 2,229,730,000
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:
Stock Exchange: Philippine Stock Exchange; Securities Listed: Common Share
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.

DoubleDragon Properties Corp.DD

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) PHP
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Mar 31, 2015 Dec 31, 2014
Current Assets 7,088,755,912 7,422,312,606
Total Assets 19,502,643,540 18,474,882,554
Current Liabilities 2,999,733,985 2,012,758,494
Total Liabilities 11,636,366,668 10,644,707,122
Retained
Earnings/(Deficit)
698,499,467 661,823,627
Stockholders' Equity 7,866,276,873 7,830,175,432
Stockholders' Equity - Parent 2,279,709,824 2,243,033,985
Book Value per Share 3.52 4.74
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 221,149,288 170,781,006 221,149,288 170,781,006
Other Revenue 11,505,355 1,744,632 11,505,355 1,744,632
Gross Revenue 232,654,643 172,525,638 232,654,643 172,525,638
Operating Expense 108,952,700 113,283,989 108,952,700 113,283,989
Other Expense 72,533,501 28,848,681 72,533,501 28,848,681
Gross Expense 181,486,201 142,132,670 181,486,201 142,132,670
Net Income/(Loss) Before Tax 51,168,441 30,392,968 51,168,441 30,392,968
Income Tax Expense 15,350,532 9,237,598 15,350,532 9,237,598
Net Income/(Loss) After Tax 35,817,909 21,155,370 35,817,909 21,155,370
Net Income Attributable to
Parent Equity Holder
36,675,840 20,995,853 36,675,840 20,995,853
Earnings/(Loss) Per Share
(Basic)
0.01 0.01 0.01 0.01
Earnings/(Loss) Per Share
(Diluted)
0.01 0.01 0.01 0.01
Other Relevant Information

N/A

Filed on behalf by:
Name Joselito Barrera Jr.
Designation Head