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

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, Philippines Postal Code 1232

8. Issuer's telephone number, including area code

6322365577

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	1,435,626,680

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	Jun 30, 2017
Currency (indicate units, if applicable)	Peso

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Jun 30, 2017	Dec 31, 2016
Current Assets	226,975,992	317,921,025
Total Assets	524,036,475	648,366,801
Current Liabilities	374,387,511	359,639,162
Total Liabilities	412,151,912	402,467,732
Retained Earnings/(Deficit)	1,715,393,368	1,856,644,010
Stockholders' Equity	111,884,563	245,899,069
Stockholders' Equity - Parent	113,149,479	246,606,171
Book Value per Share	0.1	0.21

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	38,985,959	435,276,048	65,047,106	849,971,600
Gross Expense	119,135,693	413,998,257	232,442,713	576,489,692
Non-Operating Income	611,787	3,733,344	885,467	7,400,657
Non-Operating Expense	721,581	2,468,115	695,216	6,237,264
Income/(Loss) Before Tax	-80,259,528	22,543,020	-167,205,356	274,645,301
Income Tax Expense	-11,264,666	474,994	-25,396,900	39,621,540
Net Income/(Loss) After Tax	-68,994,862	22,068,026	-141,808,456	235,023,761
Net Income Attributable to Parent Equity Holder	-68,933,864	22,180,166	-141,250,642	234,634,109
Earnings/(Loss) Per Share (Basic)	-0.05	0.01	-0.12	0.2
Earnings/(Loss) Per Share (Diluted)	-0.05	0.01	-0.12	0.2

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	-0.12	0.2
Earnings/(Loss) Per Share (Diluted)	-0.12	0.2

Other Relevant Information
-