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

May 15, 2017

2. SEC Identification Number

ASO94-03992

3. BIR Tax Identification No.

003-871-592

4. Exact name of issuer as specified in its charter

Global Ferronickel Holdings, Inc.

5. Province, country or other jurisdiction of incorporation or organization

Makati, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

7F Corporate Business Center, 151 Paseo de Roxas cor. Arnaiz St. Makati City Postal Code 1228

8. Issuer's telephone number, including area code

(02) 519 7888

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

not applicable

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 shares	2,334,640,312

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:

The 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.

Global Ferronickel Holdings, Inc.FNI

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)	In Thousand Pesos

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2017	Dec 31, 2016
Current Assets	3,104,961	3,383,713
Total Assets	8,822,256	9,426,694
Current Liabilities	1,730,296	2,227,747
Total Liabilities	2,386,324	2,880,135
Retained Earnings/(Deficit)	342,974	459,654
Stockholders' Equity	6,435,932	6,546,559
Stockholders' Equity - Parent	6,435,932	6,546,559
Book Value per Share	1.11	1.13

Income Statement

	Current Year-To-Date	Previous Year-To-Date	Current Year (3 Months)	Previous Year (3 Months)
Operating Revenue	0	38,028	0	38,028
Other Revenue	2,064	1,683	2,064	1,683
Gross Revenue	2,064	39,711	2,064	39,711
Operating Expense	122,328	175,375	122,328	175,375
Other Expense	23,416	45,414	23,416	45,414
Gross Expense	145,744	220,789	145,744	220,789
Net Income/(Loss) Before Tax	-143,680	-181,078	-143,680	-181,078
Income Tax Expense	-27,000	-38,147	-27,000	-38,147
Net Income/(Loss) After Tax	-116,680	-142,931	-116,680	-142,931
Net Income Attributable to Parent Equity Holder	-116,680	-142,931	-116,680	-142,931
Earnings/(Loss) Per Share (Basic)	-0.02	-0.02	-0.02	-0.02
Earnings/(Loss) Per Share (Diluted)	-0.02	-0.02	-0.02	-0.02

Other Relevant Information
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