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)

May 15, 2018

2. SEC Identification Number

147669

3. BIR Tax Identification No.

000-432-378

4. Exact name of issuer as specified in its charter

Cosco Capital, Inc.

5. Province, country or other jurisdiction of incorporation

Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

No. 900 Romualdez St., Paco, Manila Postal Code 1007

8. Issuer's telephone number, including area code

(632) 522-8801 to 04

9. Former name or former address, if changed since last report

None

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	7,361,361,264

11. Indicate the item numbers reported herein

Other Matters

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.

Cosco Capital, Inc.COSCO

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Cosco Capital nets PHP 1.96 billion, up 9.4% in 1Q 2018
Background/Description of the Disclosure
Cosco Capital nets PHP 1.96 billion, up 9.4% in 1Q 2018 Manila, Philippines – Cosco Capital, Inc., the retail holding firm of Mr. Lucio L. Co, reported a consolidated net income growth of 9.4% to PHP 1.96 billion in the first quarter of 2018 driven by the continued economic growth and the strong consumer sector. Net Income attributable to equity holders of the parent company grew by 8.2% to PHP 1.25 billion. The group’s grocery retailing businesses, Puregold Price Club, Inc. and S&R Membership Shopping Club, contributed 58% of total profits, followed by the Commercial Real Estate segment with 23% and the Liquor Distribution with 14%. The group’s Specialty Retailing segment, composed of Liquigaz Philippines Corporation (“Liquigaz”) and Office Warehouse, Inc., accounted for 8% of net profit. The Group’s grocery retail segment, Puregold Price Club, Inc. and S&R Membership Shopping Club, grew its Consolidated Revenues by 12.2% to PHP 30.9 billion, while Consolidated net income increased by 11.7% to PHP 1.43 billion. The group opened a total of 10 new Puregold stores and 1 new S&R QSR in 1Q 2018. The Liquor Distribution business posted a 46.4% growth in revenues to PHP 1.71 billion, on the back of a 28% increase in volume of cases sold in 1Q 2018. For the Specialty Retailing business segment, Liquigaz Philippines Corporation generated a 24% increase in revenues to PHP 3.73 billion mainly driven by increase in sales volume and the gradual recovery in global LPG prices during the period, while Net Income after is flat at to PHP 101 million. Office Warehouse, Inc.’s revenues grew by 13.4% to PHP 499 million. Office Warehouse currently has 83 store in operations. The group’s Commercial Real Estate segment posted 10.1% increase in total revenues to PHP 608 million and 10.7% increase net income of PHP 284 million in 1Q 2018.
Other Relevant Information
None