CR07336-2016

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
Sep 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 Chino Roces Avenue cor. Edsa, Makati City Postal Code 1232
8. Issuer's telephone number, including area code
632-3385599
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/common share
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 Sep 30, 2016
Currency (indicate units, if applicable) Pesos
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Sep 30, 2016 Dec 31, 2015
Current Assets 510,040,590 737,544,824
Total Assets 1,185,300,997 1,580,166,741
Current Liabilities 422,486,794 610,798,305
Total Liabilities 503,144,917 682,740,875
Retained
Earnings/(Deficit)
2,381,980,025 2,617,356,756
Stockholders' Equity 682,156,080 897,425,866
Stockholders' Equity - Parent 681,426,514 896,540,536
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 173,777,450 427,197,592 1,023,749,050 1,224,350,728
Other Revenue 3,178,994 3,697,670 10,579,651 11,386,788
Gross Revenue 176,956,444 430,895,262 1,034,328,701 1,235,737,516
Operating Expense 181,138,925 151,762,138 757,628,617 455,515,215
Other Expense 558,972 18,761,144 6,796,236 32,950,677
Gross Expense 181,697,897 170,523,282 764,424,853 488,465,892
Net Income/(Loss) Before Tax -4,741,453 260,371,980 269,903,848 747,271,624
Income Tax Expense 1,201,483 54,351,990 40,823,023 131,591,636
Net Income/(Loss) After Tax -5,942,936 206,019,990 229,080,825 615,679,988
Net Income Attributable to
Parent Equity Holder
-5,397,520 206,056,983 229,236,589 615,812,620
Earnings/(Loss) Per Share
(Basic)
-0 0.15 0.19 0.45
Earnings/(Loss) Per Share
(Diluted)
-0 0.15 0.19 0.45
Other Relevant Information

-

Filed on behalf by:
Name Raymund Aquino
Designation VP Legal/Assistant Corporate Secretary