CR07706-2017

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
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 Ave. cor. Edsa, Makati City Postal Code 1232
8. Issuer's telephone number, including area code
02-8454171
9. Former name or former address, and former fiscal year, if changed since last report
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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 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 Sep 30, 2017
Currency (indicate units, if applicable) Peso
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Sep 30, 2017 Dec 31, 2016
Current Assets 189,396,723 317,921,025
Total Assets 477,234,442 648,366,801
Current Liabilities 348,459,025 359,639,162
Total Liabilities 386,291,342 402,467,732
Retained
Earnings/(Deficit)
1,649,739,393 1,856,644,010
Stockholders' Equity 90,943,100 245,899,069
Stockholders' Equity - Parent 92,613,627 246,606,171
Book Value per Share 0.08 0.21
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 41,555,931 173,777,450 106,603,037 1,023,749,050
Gross Expense 118,476,576 181,138,925 350,919,289 757,628,617
Non-Operating Income 200,590 3,178,994 1,086,057 10,579,651
Non-Operating Expense 429,227 558,972 1,124,443 6,796,236
Income/(Loss) Before Tax -77,149,282 -4,741,453 -244,354,638 269,903,848
Income Tax Expense -11,089,696 1,201,483 -36,486,596 40,823,023
Net Income/(Loss) After Tax -66,059,586 -5,942,936 -207,868,042 229,080,825
Net Income Attributable to
Parent Equity Holder
-65,653,975 -5,397,520 -206,904,617 229,236,589
Earnings/(Loss) Per Share
(Basic)
-0.05 -0 -0.17 0.19
Earnings/(Loss) Per Share
(Diluted)
-0.05 -0 -0.17 0.19
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) -0.62 0.41
Earnings/(Loss) Per Share (Diluted) -0.62 0.41
Other Relevant Information

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Filed on behalf by:
Name Ma. Cecilia Pamor
Designation Legal Secretary