CR05660-2017

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
Jun 30, 2017
2. SEC Identification Number
52412
3. BIR Tax Identification No.
000-156-011
4. Exact name of issuer as specified in its charter
BELLE CORPORATION
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
5th Floor, Tower A, Two E-Com Center, Palm Coast Avenue, Mall of Asia Complex, CBP 1-A, Pasay City Postal Code 1300
8. Issuer's telephone number, including area code
6628888
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 10,498,679,857
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, Inc. / Common 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.

Belle CorporationBEL

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 Jun 30, 2017
Currency (indicate units, if applicable) PHP (in thousands)
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2017 Dec 31, 2016
Current Assets 9,725,141 10,622,588
Total Assets 41,371,285 41,564,958
Current Liabilities 5,114,632 8,001,556
Total Liabilities 12,938,273 13,821,176
Retained
Earnings/(Deficit)
6,778,377 6,289,302
Stockholders' Equity 28,433,012 27,743,782
Stockholders' Equity - Parent 25,495,107 24,583,823
Book Value per Share 2.39 2.34
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 2,126,839 1,555,416 4,116,493 3,043,549
Gross Expense 956,159 643,562 1,837,831 1,282,350
Non-Operating Income 149,870 72,369 193,465 67,325
Non-Operating Expense 130,374 270,919 339,081 516,322
Income/(Loss) Before Tax 1,190,176 713,304 2,133,046 1,312,202
Income Tax Expense 199,754 209,379 360,106 395,463
Net Income/(Loss) After Tax 990,422 503,925 1,772,940 916,739
Net Income Attributable to
Parent Equity Holder
834,921 395,833 1,456,602 742,780
Earnings/(Loss) Per Share
(Basic)
0.29 0.16 0.27 0.17
Earnings/(Loss) Per Share
(Diluted)
0.29 0.16 0.27 0.17
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 0.27 0.17
Earnings/(Loss) Per Share (Diluted) 0.27 0.17
Other Relevant Information

N/A

Filed on behalf by:
Name ROSEMARIE ABUEVA
Designation SENIOR ASST. VICE PRESIDENT