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, 2016

2. SEC Identification Number

145490

3. BIR Tax Identification No.

000144386

4. Exact name of issuer as specified in its charter

SHANG PROPERTIES, INC.

5. Province, country or other jurisdiction of incorporation or organization

METRO MANILA, PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

5th Floor, Shangri-La Plaza, EDSA corner Shaw Boulevard, Mandaluyong City Postal Code 1550

8. Issuer's telephone number, including area code

632 3702700

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	4,764,056,287

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.

Shang Properties, Inc.SHNG

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, 2016
Currency (indicate units, if applicable)	Peso

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2016	Dec 31, 2015
Current Assets	15,273,460,232	15,174,956,280
Total Assets	60,628,705,044	59,292,689,821
Current Liabilities	8,223,404,636	7,394,008,764
Total Liabilities	28,132,020,598	26,991,107,056
Retained Earnings/(Deficit)	20,422,987,028	20,346,650,494
Stockholders' Equity	32,496,684,447	32,301,582,765
Stockholders' Equity - Parent	26,007,336,413	25,931,172,976
Book Value per Share	5.45	5.44

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	1,908,248,234	2,172,940,662	1,908,248,234	2,172,940,662
Other Revenue	87,776,674	91,139,295	87,776,674	91,139,295
Gross Revenue	1,996,024,908	2,264,079,956	1,996,024,908	2,264,079,956
Operating Expense	1,110,715,737	1,061,286,287	1,110,715,737	1,061,286,287
Other Expense	49,302,807	63,671,077	49,302,807	63,671,077
Gross Expense	1,160,018,544	1,124,957,365	1,160,018,544	1,124,957,365
Net Income/(Loss) Before Tax	836,006,364	1,139,122,591	836,006,364	1,139,122,591
Income Tax Expense	188,145,982	247,796,357	188,145,982	247,796,357
Net Income/(Loss) After Tax	647,860,382	891,326,234	647,860,382	891,326,234
Net Income Attributable to Parent Equity Holder	528,922,138	767,237,246	528,922,138	767,237,246
Earnings/(Loss) Per Share (Basic)	0.11	0.16	0.11	0.16
Earnings/(Loss) Per Share (Diluted)	0.11	0.16	0.11	0.16

Other Relevant Information
N/A