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

52412

3. BIR Tax Identification No.

000-156-011

4. Exact name of issuer as specified in its charter

BELLE CORPORATION

5. Province, country or other jurisdiction of incorporation or organization

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

5/F Tower A, Two ECom Center, Palm Coast Avenue, MOA Complex, Pasay City Postal Code 1300

8. Issuer's telephone number, including area code

6628888

9. Former name or former address, and former fiscal year, 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 stock	10,498,679,857

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, Inc. / Common shares

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.

Belle CorporationBEL

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)	PHP (in thousands)

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2018	Dec 31, 2017
Current Assets	11,932,693	11,767,899
Total Assets	43,930,748	43,733,693
Current Liabilities	7,030,609	5,655,713
Total Liabilities	14,407,580	13,372,519
Retained Earnings/(Deficit)	7,656,398	8,194,187
Stockholders' Equity	29,523,168	30,361,174
Stockholders' Equity - Parent	26,429,774	27,153,197
Book Value per Share	2.6	2.67

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	2,017,512	1,986,970	2,017,512	1,986,970
Gross Expense	933,281	989,280	933,281	989,280
Non-Operating Income	57,365	46,304	57,365	46,304
Non-Operating Expense	121,903	101,124	121,903	101,124
Income/(Loss) Before Tax	1,019,693	942,870	1,019,693	942,870
Income Tax Expense	162,196	160,352	162,196	160,352
Net Income/(Loss) After Tax	857,497	782,518	857,497	782,518
Net Income Attributable to Parent Equity Holder	683,891	621,681	683,891	621,681
Earnings/(Loss) Per Share (Basic)	0.07	0.06	0.07	0.06
Earnings/(Loss) Per Share (Diluted)	0.07	0.06	0.07	0.06

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	0.29	0.29
Earnings/(Loss) Per Share (Diluted)	0.29	0.29

Other Relevant Information
N/A