CR05623-2016

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
40979
3. BIR Tax Identification No.
000-194-465-000
4. Exact name of issuer as specified in its charter
SEAFRONT RESOURCES CORPORATION
5. Province, country or other jurisdiction of incorporation or organization
MANILA, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7TH FLOOR, JMT BUILDING, ADB AVENUE, ORTIGAS CENTER, PASIG CITY Postal Code 1605
8. Issuer's telephone number, including area code
632-637 2917
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 163,000,000
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 EXCHNAGE
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.

Seafront Resources CorporationSPM

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) Philippine Peso
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2016 Dec 31, 2015
Current Assets 62,543,832 53,770,333
Total Assets 177,969,777 165,865,092
Current Liabilities 133,562 315,494
Total Liabilities 133,562 315,494
Retained
Earnings/(Deficit)
7,056,303 -1,891,086
Stockholders' Equity 177,836,215 165,549,598
Stockholders' Equity - Parent 177,836,215 165,549,598
Book Value per Share 1.09 1.01
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 0 0 0 0
Other Revenue 4,754,912 8,014,947 9,767,975 8,276,518
Gross Revenue 4,754,912 8,014,947 9,767,975 8,276,518
Operating Expense 0 0 0 0
Other Expense 363,974 4,346,136 817,063 4,912,237
Gross Expense 363,974 4,346,136 817,063 4,912,237
Net Income/(Loss) Before Tax 4,390,938 3,668,811 8,950,912 3,364,281
Income Tax Expense 1,761 1,832 3,523 3,523
Net Income/(Loss) After Tax 4,389,177 3,666,979 8,947,389 3,360,758
Net Income Attributable to
Parent Equity Holder
0 0 0 0
Earnings/(Loss) Per Share
(Basic)
0.03 0.02 0.05 0.02
Earnings/(Loss) Per Share
(Diluted)
- - - -
Other Relevant Information

Book Value Per Share - June 30, 2016 =1.0910; December 31, 2015 = 1.0156
Earnings (Loss) Per Share - Current Year (3 Mo.) = 0.02693; Previous Year (3 Mo.) = 0.02250; Current Year-To-Date = 0.05489; Previous Year-To-Date = 0.02062

Filed on behalf by:
Name Arlan Profeta
Designation Asst. Corporate Secretary/ Alternate CIO