CR05391-2016

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, 2016
2. SEC Identification Number
52412
3. BIR Tax Identification No.
000-156-011
4. Exact name of issuer as specified in its charter
BELLE CORPORATION
5. Province, country or other jurisdiction of incorporation or organization
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
5/F TOWER A, TWO ECOM CENTER, PALM COAST AVENUE, MALL OF ASIA COMPLEX, PASAY CITY Postal Code 1300
8. Issuer's telephone number, including area code
662-8888
9. Former name or former address, and former fiscal year, if changed since last report
NOT APPLICABLE
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 STOCK 10,514,437,857
DEBT OUTSTANDING (IN THOUSANDS) 5,753,142
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:
THE 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.

Belle CorporationBEL

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, 2016
Currency (indicate units, if applicable) PHP IN THOUSANDS
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2016 Dec 31, 2015
Current Assets 9,258,852 12,978,356
Total Assets 41,905,867 43,692,165
Current Liabilities 4,947,400 6,886,015
Total Liabilities 15,582,143 17,619,039
Retained
Earnings/(Deficit)
4,690,793 4,903,882
Stockholders' Equity 26,323,724 26,073,126
Stockholders' Equity - Parent 23,243,812 22,940,596
Book Value per Share 2.5 2.48
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 1,548,933 1,370,507 3,043,549 2,715,301
Other Revenue 6,179 11,430 11,410 18,566
Gross Revenue 1,555,112 1,381,937 3,054,959 2,733,867
Operating Expense 643,562 559,451 1,282,350 1,166,718
Other Expense 198,246 163,070 460,407 388,540
Gross Expense 841,808 722,521 1,742,757 1,555,258
Net Income/(Loss) Before Tax 713,304 659,416 1,312,202 1,178,609
Income Tax Expense 209,379 200,685 395,463 342,130
Net Income/(Loss) After Tax 503,925 458,731 916,739 836,479
Net Income Attributable to
Parent Equity Holder
395,833 394,682 742,780 751,844
Earnings/(Loss) Per Share
(Basic)
0.19 0.17 0.17 0.16
Earnings/(Loss) Per Share
(Diluted)
0.19 0.17 0.17 0.16
Other Relevant Information

N/A

Filed on behalf by:
Name ROSEMARIE ABUEVA
Designation ASST. VICE PRESIDENT