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

AS-0920-07059

3. BIR Tax Identification No.

002-010-620

4. Exact name of issuer as specified in its charter

VANTAGE EQUITIES, INC.

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

METRO MANILA, PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

2004A EAST TOWER, PSE CENTER EXCHANGE ROAD, ORTIGAS CENTER PASIG CITY Postal Code 1605

8. Issuer's telephone number, including area code

(632) 689-8090

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	4,199,582,266

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/COMMON STOCK

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.

Vantage Equities, Inc.V

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)	Philippine Peso

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2017	Dec 31, 2016
Current Assets	5,434,011,964	4,973,980,643
Total Assets	8,725,812,278	9,119,448,732
Current Liabilities	248,718,718	976,579,267
Total Liabilities	290,063,518	988,516,138
Retained Earnings/(Deficit)	3,188,038,745	2,932,458,683
Stockholders' Equity	8,435,748,760	8,130,932,594
Stockholders' Equity - Parent	8,164,092,185	7,878,439,074
Book Value per Share	2.01	1.94

Income Statement

	Current Year-To-Date	Previous Year-To-Date	Current Year (3 Months)	Previous Year (3 Months)
Operating Revenue	415,015,466	202,841,358	415,015,466	202,841,358
Other Revenue	-	9,062,737	-	9,062,737
Gross Revenue	415,015,466	211,904,095	415,015,466	211,904,095
Operating Expense	128,764,480	126,913,385	128,764,480	126,913,385
Other Expense	10,109,806	2,767,914	10,109,806	2,767,914
Gross Expense	138,874,286	129,681,299	138,874,286	129,681,299
Net Income/(Loss) Before Tax	276,141,180	82,222,796	276,141,180	82,222,796
Income Tax Expense	1,398,064	10,881,282	1,398,064	10,881,282
Net Income/(Loss) After Tax	274,743,116	71,341,514	274,743,116	71,341,514
Net Income Attributable to Parent Equity Holder	255,580,062	50,315,134	255,580,062	50,315,134
Earnings/(Loss) Per Share (Basic)	0.06	0.01	0.06	0.01
Earnings/(Loss) Per Share (Diluted)	0.06	0.01	0.06	0.01

Other Relevant Information
N/A