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)

Apr 16, 2018

2. SEC Identification Number

38683

3. BIR Tax Identification No.

000-315-612

4. Exact name of issuer as specified in its charter

The Philodrill Corporation

5. Province, country or other jurisdiction of incorporation

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

8th Floor Quad Alpha Centrum, 125 Pioneer St. Mandaluyong City Postal Code 1550

8. Issuer's telephone number, including area code

631-8151 to 52

9. Former name or former address, 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 Shares	191,868,805,358

11. Indicate the item numbers reported herein

Item 9

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.

The Philodrill CorporationOV

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
Approval of the 2017 Audited Financial Statements of The Philodrill Corporation.
Background/Description of the Disclosure
"Please be advised that the Board of Directors of The Philodrill Corporation, acting through the Audit Committee, has approved today, March 21, 2018, the Company's 2017 Audited Financial Statements. For the calendar year ended December 31, 2017, the Company posted a Net Loss of P6.367 Million.”
Other Relevant Information
The disclosure is updated to reflect that as per Audited Financial Statement submitted today, April 16, 2018, the Company posted a Net Loss of 6.367 Million for calendar year ended December 31, 2017.