CR03398-2017

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
Mar 31, 2017
2. SEC Identification Number
40524
3. BIR Tax Identification No.
004666098
4. Exact name of issuer as specified in its charter
MACROASIA CORPORATION
5. Province, country or other jurisdiction of incorporation or organization
City of Makati
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
12th Floor, PNB Allied Bank Center, 6754 Ayala Avenue, Makati City Postal Code 1226
8. Issuer's telephone number, including area code
(632) 8402001
9. Former name or former address, and former fiscal year, 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 Stock 1,233,404,000
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.

MacroAsia CorporationMAC

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 Mar 31, 2017
Currency (indicate units, if applicable) PHP
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Mar 31, 2017 Dec 31, 2016
Current Assets 1,780,640,930 1,300,214,100
Total Assets 5,302,134,916 4,739,233,026
Current Liabilities 810,180,141 689,776,565
Total Liabilities 1,033,056,756 918,988,125
Retained
Earnings/(Deficit)
2,278,791,589 2,000,576,033
Stockholders' Equity 4,269,078,160 3,820,244,901
Stockholders' Equity - Parent 2,989,722,430 3,564,012,075
Book Value per Share 3.46 3.1
Income Statement
Current Year-To-Date
Previous Year-To-Date
Current Year
(3 Months)
Previous Year
(3 Months)
Operating Revenue 692,226,454 557,131,815 692,226,454 557,131,815
Other Revenue 276,637,068 80,521,579 276,637,068 80,521,579
Gross Revenue 968,863,522 637,653,394 968,863,522 637,653,394
Operating Expense 480,436,725 379,556,990 480,436,725 379,556,990
Other Expense 161,743,380 122,207,220 161,743,380 122,207,220
Gross Expense 642,180,105 501,764,210 642,180,105 501,764,210
Net Income/(Loss) Before Tax 326,683,418 135,889,184 326,683,418 135,889,184
Income Tax Expense 26,075,404 26,484,270 26,075,404 26,484,270
Net Income/(Loss) After Tax 300,608,015 109,404,914 300,608,015 109,404,914
Net Income Attributable to
Parent Equity Holder
278,215,556 94,972,535 278,215,556 94,972,535
Earnings/(Loss) Per Share
(Basic)
0.23 0.08 0.23 0.08
Earnings/(Loss) Per Share
(Diluted)
0.23 0.08 0.23 0.08
Other Relevant Information

Please refer to the attached file.

Filed on behalf by:
Name Amador Sendin
Designation CFO, VP Administration & Business Development