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)

Mar 20, 2017

2. SEC Identification Number

159950

3. BIR Tax Identification No.

025-000-240-902

4. Exact name of issuer as specified in its charter

CROWN ASIA CHEMICALS CORPORATION

5. Province, country or other jurisdiction of incorporation

Metro Manila

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Km. 33 MacArthur Highway, Bo. Tuktukan, Guiguinto, Bulacan Postal Code 3015

8. Issuer's telephone number, including area code

632-413-80-32

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

N.A.

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	630,800,000

11. Indicate the item numbers reported herein

Item 9

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.

Crown Asia Chemicals Corporation CROWN

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 entitled "Crown Asia Chemicals Earnings Up by 14% in 2016"
Background/Description of the Disclosure
Crown Asia Chemicals Earnings Up by 14% in 2016 Crown Asia Chemicals Corporation, maker of premium PVC compounds and world-class CROWN Pipes, grew its earnings after tax by 14% percent to P114.5 million from P100.15 million in 2015 with P 0.18 earnings per share. Pipe Group revenues grew by 29.33% to P 519.97 million. Project sales accounted for 63% of Pipe group sales. Project sales increased by 27.32% to P328.09 million from P 257.69 million. Trade sales expanded by 32.93% to P191.88 million from P144.35 million in 2015. Compounds division revenues remained conservative. To protect its segment bottom line, the company preferred to take a defensive stance from indiscriminate price strategies to compete, especially in its exports sector. Crown Asia Chemicals PVC compounds will continue to serve reputable companies manufacturing wires and cables, I.C. tubes, films, sheets and packaging products. The Company is soon to launch uPVC roofing materials, an addition to its portfolio of premium products. The new Crown uPVC long-span and ASA (Acrylic Styrene Acrylonitrile) type roofings have built-in UV Protection feature. Considering that the Philippines is a tropical island country, Crown’s new products will be a welcome choice for roofing materials. They act as natural insulator, keep inside temperature cooler and provide adequate natural lighting, thus minimizing power consumption. Crown uPVC long span roofing will be a preferred choice of discerning practitioners in the construction industry, not only for residential, but also for commercial, industrial, high rise roof toppings and peripheral structures. “We value our investors’ support and sustaining confidence in CROWN ASIA CHEMICALS CORPORATION. We will continue to express our appreciation to our investors.” enthused Mr. Walter H. Villanueva, Chairman of the Board and Head of Pipe Group. CROWN ASIA CHEMICALS CORPORATION was listed at the Philippine Stock Exchange (PSE) on April 27, 2015. In 2016, the Company paid total cash dividend of P0.05 per share.
Other Relevant Information
Please see attached Press Release.