CR05161-2015

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
Jun 30, 2015
2. SEC Identification Number
39121
3. BIR Tax Identification No.
000-141-527-000
4. Exact name of issuer as specified in its charter
PhilWeb Corporation
5. Province, country or other jurisdiction of incorporation or organization
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
The Penthouse, Alphaland Southgate Tower, 2258 Chino Roces Ave. cor. Edsa, Makati City Postal Code 1232
8. Issuer's telephone number, including area code
023385599
9. Former name or former address, and former fiscal year, if changed since last report
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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 shares 1,433,051,480
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
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.

PhilWeb CorporationWEB

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 Jun 30, 2015
Currency (indicate units, if applicable) Philippine Peso
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2015 Dec 31, 2014
Current Assets 986,474,717 1,233,786,008
Total Assets 1,825,159,409 2,114,515,904
Current Liabilities 698,647,612 1,053,823,031
Total Liabilities 775,218,950 1,124,375,456
Retained
Earnings/(Deficit)		 2,580,950,226 2,521,083,685
Stockholders' Equity 1,049,940,459 990,140,448
Stockholders' Equity - Parent 1,118,949,828 1,059,056,126
Book Value per Share 0.89 0.84
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 400,870,446 414,596,629 797,153,136 804,930,324
Other Revenue 4,217,774 5,278,737 7,689,118 10,452,691
Gross Revenue 405,088,220 419,875,366 804,842,254 815,383,015
Operating Expense 155,015,087 155,105,112 301,973,023 306,447,433
Other Expense 6,304,852 14,006,341 14,189,533 28,417,979
Gross Expense 161,319,939 169,111,453 316,162,556 334,865,412
Net Income/(Loss) Before Tax 243,768,281 250,763,913 488,679,698 480,517,603
Income Tax Expense 42,289,140 38,804,540 77,239,646 49,016,079
Net Income/(Loss) After Tax 201,479,141 211,959,373 411,440,052 431,501,524
Net Income Attributable to
Parent Equity Holder		 201,660,223 211,844,877 411,533,743 431,342,277
Earnings/(Loss) Per Share
(Basic)		 0.17 0.18 0.35 0.36
Earnings/(Loss) Per Share
(Diluted)		 0.17 0.18 0.35 0.36
Other Relevant Information

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Filed on behalf by:
Name Raymund Aquino
Designation VP Legal/Assistant Corporate Secretary