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

Mar 31, 2018

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 Roces Avenue corner EDSA, Makati City, Philippines Postal Code 1232

8. Issuer's telephone number, including area code

632-2365577

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 / common share

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	Mar 31, 2018
Currency (indicate units, if applicable)	Pesos

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2018	Dec 31, 2017
Current Assets	115,248,116	161,202,593
Total Assets	373,014,013	438,257,162
Current Liabilities	304,646,939	344,137,096
Total Liabilities	327,978,199	364,034,542
Retained Earnings/(Deficit)	1,534,507,061	1,563,374,351
Stockholders' Equity	45,035,814	74,222,620
Stockholders' Equity - Parent	47,217,925	76,085,215
Book Value per Share	0.04	0.06

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	87,752,502	26,061,147	87,752,502	26,061,147
Gross Expense	121,727,398	113,307,020	121,727,398	113,307,020
Non-Operating Income	135,322	273,680	135,322	273,680
Non-Operating Expense	2,521,024	-26,365	2,521,024	-26,365
Income/(Loss) Before Tax	-36,360,598	-86,945,828	-36,360,598	-86,945,828
Income Tax Expense	-7,173,792	-14,132,234	-7,173,792	-14,132,234
Net Income/(Loss) After Tax	-29,186,806	-72,813,594	-29,186,806	-72,813,594
Net Income Attributable to Parent Equity Holder	-28,867,290	-72,316,778	-28,867,290	-72,316,778
Earnings/(Loss) Per Share (Basic)	-0.02	-0.06	-0.02	-0.06
Earnings/(Loss) Per Share (Diluted)	-0.02	-0.06	-0.02	-0.06

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	-0.21	-0.49
Earnings/(Loss) Per Share (Diluted)	-0.21	-0.49

Other Relevant Information
-