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

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 Roces Avenue corner EDSA Makati City Philippines Postal Code 1232

8. Issuer's telephone number, including area code

6323385599

9. Former name or former address, and former fiscal year, if changed since last report

-

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 share	1,435,451,680

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, 2016
Currency (indicate units, if applicable)	Pesos

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Jun 30, 2016	Dec 31, 2015
Current Assets	588,482,661	737,544,824
Total Assets	1,274,451,021	1,580,166,741
Current Liabilities	507,532,170	610,798,305
Total Liabilities	586,418,442	682,740,875
Retained Earnings/(Deficit)	2,387,377,545	2,617,356,756
Stockholders' Equity	688,032,579	897,425,866
Stockholders' Equity - Parent	686,757,597	896,540,536
Book Value per Share	0.59	0.77

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	435,276,048	400,870,446	849,971,600	797,153,136
Other Revenue	3,733,344	4,217,774	7,400,657	7,689,118
Gross Revenue	439,009,392	405,088,220	857,372,257	804,842,254
Operating Expense	413,998,257	155,015,087	576,489,692	301,973,023
Other Expense	2,468,115	6,304,852	6,237,264	14,189,533
Gross Expense	416,466,372	161,319,939	582,726,956	316,162,556
Net Income/(Loss) Before Tax	22,543,020	243,768,281	274,645,301	488,679,698
Income Tax Expense	474,994	42,289,140	39,621,540	77,239,646
Net Income/(Loss) After Tax	22,068,026	201,479,141	235,023,761	411,440,052
Net Income Attributable to Parent Equity Holder	22,180,166	201,660,223	234,634,109	411,533,743
Earnings/(Loss) Per Share (Basic)	0.01	0.17	0.2	0.35
Earnings/(Loss) Per Share (Diluted)	0.01	0.17	0.2	0.35

Other Relevant Information
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