C05134-2017

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Aug 14, 2017
2. SEC Identification Number
147669
3. BIR Tax Identification No.
000-432-378
4. Exact name of issuer as specified in its charter
Cosco Capital, Inc.
5. Province, country or other jurisdiction of incorporation
No. 900 Romualdez St., Paco, Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
No. 900 Romualdez St., Paco, Manila Postal Code 1007
8. Issuer's telephone number, including area code
522-8801 to 04
9. Former name or former address, if changed since last report
None
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 7,375,408,964
11. Indicate the item numbers reported herein
Other matters

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.

Cosco Capital, Inc.COSCO

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Result of Board Meeting of Cosco Capital, Inc. dated August 14, 2017.
Background/Description of the Disclosure

Please be informed that the Board of Directors of Cosco Capital, Inc. has approved today its 2nd Quarter Report for the year 2017.
Other Relevant Information

Please see below the press release of the Company:

"Cosco Net Income up 7% to PHP 3.45 billion in the 1st half 2017"

August 15, 2017, Manila, Philippines – Cosco Capital, Inc., the retail holding firm of Mr. Lucio L. Co, reported a 11.3% growth in consolidated revenues to PHP 66.1 billion and consolidated net income growth of 7% to PHP3.45 billion during the first half of 2017.

Net Income attributable to equity holders of the parent company grew by 5.3% to PHP2.2billion. The group’s grocery retailing businesses, Puregold Price Club, Inc. and S&R Membership Shopping Club, contributed 57% of total profits, followed by the Commercial Real Estate segment with 24% and the Liquor Distribution with 12%. The group’s Specialty Retailing segment, composed of Liquigaz Philippines Corporation (“Liquigaz”) and Office Warehouse, Inc., accounted for 12% of net profit.

“All of our subsidiaries continue to generate positive and sustainable returns for our company. We look forward to the coming years as each subsidiary continues to expand and develop new markets for its products and services.” said Cosco Capital, Inc. President, Mr. Leonardo B. Dayao.

The Group’s grocery retail segment, Puregold Price Club, Inc. and S&R Membership Shopping Club, grew its Consolidated Revenues by 10.8% to PHP56.6 billion, while Consolidated net income increased by 9.8% to PHP2.5 billion. The group opened a total of 11 new Puregold stores and 5 new QSR during the first half.

The Liquor Distribution business posted a 5.3% growth in revenues to PHP2.5 billion, on the back of a 22% increase in volume of cases sold during the first half.

For the Specialty Retailing business segment, Liquigaz Philippines Corporation posted a 27% increase in revenues to PHP6 billion mainly driven by the gradual recovery in global LPG prices during the period. While Office Warehouse, Inc.’s revenues grew by 18.6% to PHP879 million and is operating a total of 73 retail outlets. The company plans to add 10 new stores this year in order to cater to the growing demand for office, school, and technology products in the country.

The group’s Commercial Real Estate segment posted PHP1.1 billion in total revenues, and an increase in net income of 6.9% to PHP532 million during the period.
Filed on behalf by:
Name Candy Dacanay-Datuon
Designation Assistant Corporate Secretary