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

A200110402

3. BIR Tax Identification No.

213-054-503

4. Exact name of issuer as specified in its charter

SBS PHILIPPINES CORPORATION

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

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

10 RESTHAVEN STREET SAN FRANCISCO DEL MONTE QUEZON CITY Postal Code 1105

8. Issuer's telephone number, including area code

(632) 3711111

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	1,549,999,999

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 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.

SBS Philippines CorporationSBS

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)	Philippine Pesos

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2018	Dec 31, 2017
Current Assets	4,973,511,967	5,556,809,086
Total Assets	7,352,557,756	7,377,650,139
Current Liabilities	562,453,322	661,116,483
Total Liabilities	2,528,587,956	2,626,395,240
Retained Earnings/(Deficit)	975,073,980	956,330,629
Stockholders' Equity	4,764,377,314	4,745,633,963
Stockholders' Equity - Parent	3,119,237,827	3,103,706,751
Book Value per Share	3.07	3.06

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	319,930,476	263,502,462	319,930,476	263,502,462
Gross Expense	272,734,038	226,425,317	272,732,038	226,425,317
Non-Operating Income	0	0	0	0
Non-Operating Expense	26,747,889	876,374	26,747,889	876,374
Income/(Loss) Before Tax	20,448,549	36,200,771	20,448,549	36,200,771
Income Tax Expense	1,833,648	9,038,858	1,833,648	9,038,858
Net Income/(Loss) After Tax	18,614,901	27,161,913	18,614,901	27,161,913
Net Income Attributable to Parent Equity Holder	12,187,176	17,503,137	12,174,145	17,503,137
Earnings/(Loss) Per Share (Basic)	0.01	0.02	0.01	0.02
Earnings/(Loss) Per Share (Diluted)	0.01	0.02	0.01	0.02

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	0.01	0.02
Earnings/(Loss) Per Share (Diluted)	0.01	0.02

Other Relevant Information
Please see attached SEC17-Q report on the interim audited financial statements and Management Discussion and Analysis of the 2018 First Quarter Consolidated Results of Operations and Financial Condition of SBS Philippines Corporation and its subsidiaries