SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Nov 15, 2016

2. SEC Identification Number

147669

3. BIR Tax Identification No.

000-432-378

4. Exact name of issuer as specified in its charter

Cosco Capital, Inc.

5. Province, country or other jurisdiction of incorporation

Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

No. 900 Romualdez St., Paco, Manila Postal Code 1007

8. Issuer's telephone number, including area code

(632) 522-88-01

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

Alcorn Gold Resources Corporation

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	7,375,850,564

11. Indicate the item numbers reported herein

Other Matters

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.

Cosco Capital, Inc.COSCO

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Press Release of Cosco Capital, Inc. entitled "Cosco Net Income up 9.3% to PHP5.05 billion"
Background/Description of the Disclosure
Cosco Net Income up 9.3% to PHP 5.05 billion November 14, 2016, Manila, Philippines – Cosco Capital, Inc., the retail holding firm of Mr. Lucio L. Co, reported an 11.5% growth in consolidated revenues to PHP 90.84 billion and consolidated net income growth of 9.3% to PHP5.05 billion during the first 9 months of 2016. Net Income attributable to equity holders of the parent company grew by 7.5% to PHP 3.24 billion. The group’s grocery retailing businesses, Puregold Price Club, Inc. and S&R Membership Shopping Club, contributed 57% of total profits, followed by the Commercial Real Estate segment with 24% and the Liquor Distribution with 12%. The group’s Specialty Retailing segment, composed of Liquigaz Philippines Corporation (“Liquigaz”) and Office Warehouse, Inc., accounted for 10% of net profit. “The Cosco group is working hard to sustain its growth momentum and strengthen our existing business segments. Cosco Capital is likewise constantly seeking for opportunities for expansion and possible acquisitions to further grow our investment portfolio.” said Cosco Capital, Inc. President, Mr. Leonardo B. Dayao. On a per segment basis, the Group’s grocery retail segment grew its Consolidated Revenues by 16.9% to PHP78.7 billion, while Consolidated net income increased by 13.8% to PHP3.65 billion. As of 9M2016, the Grocery Retailing segment is operating a total of 317 stores nationwide. Liquor Distribution’s Revenues increased by 9.8% to PHP3.7 billion on the back of 16% increase in volume of cases sold during the year. Office Warehouse, Inc.’s revenues grew by 19% to PHP1.16 billion and is operating a total of 64 retail outlets. Liquigaz revenues declined by 26% to PHP6.74 billion mainly due to the continued depressed global LPG prices during the period. The group’s Commercial Real Estate segment posted a 1.1% increase in revenues to PHP 1.74 billion and an 8.5% increase in net income to PHP776 million.
Other Relevant Information
None