CR03512-2017

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
30354
3. BIR Tax Identification No.
287191423000
4. Exact name of issuer as specified in its charter
DOUBLEDRAGON PROPERTIES CORP.
5. Province, country or other jurisdiction of incorporation or organization
Republic of the Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
DD Meridian Park Bay Area corner Macapagal Avenue and EDSA Extension Boulevard Brgy 76 Zone 10 San Rafael Pasay City Postal Code 1302
8. Issuer's telephone number, including area code
(632) 856-7111
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 2,229,730,000
Preferred 100,000,000
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:
Stock Exchange: Philippine Stock Exchange; Securities Listed: Common Shares and Preferred Shares
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.

DoubleDragon Properties Corp.DD

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 10,645,446,079 13,718,556,436
Total Assets 49,715,719,757 49,543,623,807
Current Liabilities 7,523,287,835 7,589,999,405
Total Liabilities 29,752,863,247 29,584,487,680
Retained
Earnings/(Deficit)
1,561,597,259 1,574,129,905
Stockholders' Equity 19,962,856,510 19,959,136,127
Stockholders' Equity - Parent 13,140,205,362 13,152,738,008
Book Value per Share 4.47 4.47
Income Statement
Current Year-To-Date
Previous Year-To-Date
Current Year
(3 Months)
Previous Year
(3 Months)
Operating Revenue 513,746,496 244,711,788 513,746,496 244,711,788
Other Revenue 135,219,893 63,616,454 135,219,893 63,616,454
Gross Revenue 648,966,389 308,328,242 648,966,389 308,328,242
Operating Expense 232,728,456 117,100,214 232,728,456 117,100,214
Other Expense 228,007,415 121,848,511 228,007,415 121,848,511
Gross Expense 460,735,871 238,948,725 460,735,871 238,948,725
Net Income/(Loss) Before Tax 188,230,518 69,379,517 188,230,518 69,379,517
Income Tax Expense 22,565,135 25,720,133 22,565,135 25,720,133
Net Income/(Loss) After Tax 165,665,383 43,659,384 165,665,383 43,659,384
Net Income Attributable to
Parent Equity Holder
149,412,354 39,032,438 149,412,354 39,032,438
Earnings/(Loss) Per Share
(Basic)
0.07 0.02 0.07 0.02
Earnings/(Loss) Per Share
(Diluted)
0.07 0.02 0.07 0.02
Other Relevant Information

N/A

Filed on behalf by:
Name Joselito Barrera Jr.
Designation Head