CR05700-2016

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
ASO94-03992
3. BIR Tax Identification No.
003-871-592
4. Exact name of issuer as specified in its charter
Global Ferronickel Holdings, Inc.
5. Province, country or other jurisdiction of incorporation or organization
Makati, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7F Corporate Business Center, 151 Paseo de Roxas cor. Arnaiz St. Makati City Postal Code 1228
8. Issuer's telephone number, including area code
(632) 5197888
9. Former name or former address, and former fiscal year, if changed since last report
Southeast Asia Cement Holdings, Inc.
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 7,003,920,939
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.

Global Ferronickel Holdings, Inc.FNI

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) In Thousand Pesos
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2016 Dec 31, 2015
Current Assets 3,347,922 3,670,086
Total Assets 9,020,877 9,085,013
Current Liabilities 2,647,781 2,440,566
Total Liabilities 2,760,013 2,547,139
Retained
Earnings/(Deficit)
140,282 422,160
Stockholders' Equity 6,260,864 6,537,874
Stockholders' Equity - Parent 6,260,864 6,537,874
Book Value per Share 0.36 0.37
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 663,193 1,793,100 701,221 1,793,100
Other Revenue 0 0 0 0
Gross Revenue 663,193 1,793,100 701,221 1,793,100
Operating Expense 839,524 1,295,868 1,049,214 1,500,899
Other Expense 15,449 66,393 27,233 125,415
Gross Expense 854,973 1,362,261 1,076,447 1,626,314
Net Income/(Loss) Before Tax -191,780 430,839 -375,226 166,786
Income Tax Expense -93,919 13,817 -93,348 13,817
Net Income/(Loss) After Tax -97,861 417,022 -281,878 152,969
Net Income Attributable to
Parent Equity Holder
-97,861 416,528 -281,878 152,735
Earnings/(Loss) Per Share
(Basic)
-0.01 0.02 -0.02 0.01
Earnings/(Loss) Per Share
(Diluted)
-0.01 0.02 -0.02 0.01
Other Relevant Information

none

Filed on behalf by:
Name Eveart Grace Pomarin-Claro
Designation Assistant Corporate Secretary and Alternate CIO