CR07463-2017

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
Sep 30, 2017
2. SEC Identification Number
ASO94-03992
3. BIR Tax Identification No.
003-871-592
4. Exact name of issuer as specified in its charter
Global Ferronickel Holdings, Inc.
5. Province, country or other jurisdiction of incorporation or organization
Makati, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7F Corporate Business Center, 151 Paseo de Roxas cor. Arnaiz St. Makati City Postal Code 1228
8. Issuer's telephone number, including area code
(02) 519 7888
9. Former name or former address, and former fiscal year, if changed since last report
not applicable
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 2,334,640,312
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:
The 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.

Global Ferronickel Holdings, Inc.FNI

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 Sep 30, 2017
Currency (indicate units, if applicable) In Thousand Pesos
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Sep 30, 2017 Dec 31, 2016
Current Assets 4,507,300 3,632,772
Total Assets 9,710,095 9,426,694
Current Liabilities 2,339,782 2,227,747
Total Liabilities 3,002,648 2,880,135
Retained
Earnings/(Deficit)
1,239,559 459,654
Stockholders' Equity 6,707,447 6,546,559
Stockholders' Equity - Parent 6,707,447 6,546,559
Book Value per Share 1.2 1.12
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 2,784,627 1,996,083 4,646,263 2,700,703
Gross Expense 1,990,560 1,550,313 3,646,955 2,628,589
Non-Operating Income 34,119 45,583 56,035 21,500
Non-Operating Expense 19,899 19,432 52,076 51,508
Income/(Loss) Before Tax 808,287 471,921 1,003,267 42,106
Income Tax Expense 180,144 147,357 223,362 35,080
Net Income/(Loss) After Tax 628,143 324,564 779,905 7,026
Net Income Attributable to
Parent Equity Holder
628,143 324,564 779,905 7,026
Earnings/(Loss) Per Share
(Basic)
0.11 0.05 0.13 0
Earnings/(Loss) Per Share
(Diluted)
0.11 0.05 0.13 0
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 0.15 0.06
Earnings/(Loss) Per Share (Diluted) 0.15 0.06
Other Relevant Information

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Filed on behalf by:
Name Eveart Grace Pomarin-Claro
Designation Assistant Corporate Secretary, Alternate Corporate Information Officer