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

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 corner 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

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	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	240,556,622	317,921,025
Total Assets	548,917,266	648,366,801
Current Liabilities	336,752,805	359,639,162
Total Liabilities	374,649,291	402,467,732
Retained Earnings/(Deficit)	1,784,327,232	1,856,644,010
Stockholders' Equity	174,267,975	245,899,069
Stockholders' Equity - Parent	175,471,893	246,606,171
Book Value per Share	0.15	0.21

Income Statement

	Current Year-To-Date	Previous Year-To-Date	Current Year (3 Months)	Previous Year (3 Months)
Operating Revenue	26,061,147	414,695,552	26,061,147	414,695,552
Other Revenue	273,680	3,667,313	273,680	3,667,313
Gross Revenue	26,334,827	418,362,865	26,334,827	418,362,865
Operating Expense	113,307,020	162,491,435	113,307,020	162,491,435
Other Expense	-26,365	3,769,149	-26,365	3,769,149
Gross Expense	113,280,655	166,260,584	113,280,655	166,260,584
Net Income/(Loss) Before Tax	-86,945,828	252,102,281	-86,945,828	252,102,281
Income Tax Expense	-14,132,234	39,146,546	-14,132,234	39,146,546
Net Income/(Loss) After Tax	-72,813,594	212,955,735	-72,813,594	212,955,735
Net Income Attributable to Parent Equity Holder	-72,316,778	212,453,943	-72,316,778	212,453,943
Earnings/(Loss) Per Share (Basic)	-0.06	0.18	-0.06	0.18
Earnings/(Loss) Per Share (Diluted)	-0.06	0.18	-0.06	0.18

Other Relevant Information
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