CR05364-2018

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
Jun 30, 2018
2. SEC Identification Number
ASO94-08880
3. BIR Tax Identification No.
004-471-419-000
4. Exact name of issuer as specified in its charter
PetroEnergy Resources Corporation
5. Province, country or other jurisdiction of incorporation or organization
Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7th Floor, JMT Condominium, ADB Avenue, Pasig City Postal Code 1605
8. Issuer's telephone number, including area code
(632) 637-2917
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 568,711,842
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:
All issued and outstanding common shares are listed in the Philippine Stock Exchange (PSE)
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.

PetroEnergy Resources CorporationPERC

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 Jun 30, 2018
Currency (indicate units, if applicable) US Dollar
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2018 Dec 31, 2018
Current Assets 42,989,471 33,413,847
Total Assets 236,454,520 239,488,410
Current Liabilities 21,081,049 27,623,238
Total Liabilities 121,034,410 138,342,633
Retained
Earnings/(Deficit)
30,563,914 27,615,970
Stockholders' Equity 115,420,110 101,145,777
Stockholders' Equity - Parent 83,177,431 69,000,788
Book Value per Share 0.15 0.17
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 10,191,997 9,273,215 20,200,305 19,923,288
Gross Expense 7,531,578 6,945,239 14,458,832 13,208,337
Non-Operating Income 255,124 175,447 1,120,732 1,523,210
Non-Operating Expense 2,672,849 2,495,856 5,374,375 4,632,370
Income/(Loss) Before Tax 2,660,419 2,327,976 5,741,473 6,714,951
Income Tax Expense 80,063 80,823 171,614 162,214
Net Income/(Loss) After Tax 2,580,356 2,247,153 5,569,859 6,552,737
Net Income Attributable to
Parent Equity Holder
1,374,411 1,026,111 2,947,944 3,884,123
Earnings/(Loss) Per Share
(Basic)
0 0 0 0
Earnings/(Loss) Per Share
(Diluted)
0 0 0 0
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 0 0
Earnings/(Loss) Per Share (Diluted) 0 0
Other Relevant Information

BV/Share: June 2018 = 0.146, Dec. 2017 = 0.168; EPS: 2nd Q and for the six months ending June 2018 is $0.0024 and $0.0052, respectively; 2nd Q and for the six months ending June 2017 is $0.0025 and $0.0095, respectively.


Trailing 12 months' EPS: 2018 = $0.005, 2017 = $ 0.012

Filed on behalf by:
Name Arlan Profeta
Designation Head/ Alternate Chief Information Officer