CR05356-2014

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, 2014
2. SEC Identification Number
167423
3. BIR Tax Identification No.
000-477-103
4. Exact name of issuer as specified in its charter
MEGAWORLD CORPORATION
5. Province, country or other jurisdiction of incorporation or organization
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
28th Floor, The World Centre, 330 Sen. Gil Puyat Avenue, Makati City, Philippines Postal Code 1227
8. Issuer's telephone number, including area code
867-8826 to 40
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 32,141,138,454
Preferred 6,000,000,000
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:
The shares of common stock of the Company are listed on the Philippine Stock Exchange.
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.

Megaworld CorporationMEG

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, 2014
Currency (indicate units, if applicable) Php in thousands
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2014 Dec 31, 2013
Current Assets 113,837,432 98,458,370
Total Assets 207,529,178 173,882,105
Current Liabilities 36,454,908 25,896,517
Total Liabilities 82,730,199 71,929,084
Retained
Earnings/(Deficit)		 57,556,181 42,457,420
Stockholders' Equity 124,798,979 101,953,021
Stockholders' Equity - Parent 107,486,858 91,927,391
Book Value per Share 3.39 2.91
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 9,823,132 8,436,646 18,429,327 15,921,723
Other Revenue 12,187,927 693,255 13,528,156 1,359,108
Gross Revenue 22,011,059 9,129,901 31,957,483 17,280,831
Operating Expense 7,161,574 5,626,693 13,145,396 11,175,410
Other Expense 163,227 376,289 793,521 596,030
Gross Expense 7,324,801 6,002,982 13,938,917 11,771,440
Net Income/(Loss) Before Tax 14,686,258 3,126,919 18,018,566 5,509,391
Income Tax Expense 937,228 710,154 1,577,251 1,280,278
Net Income/(Loss) After Tax 13,749,030 2,416,765 16,441,315 4,229,113
Net Income Attributable to
Parent Equity Holder		 13,678,417 2,406,986 16,326,574 4,187,698
Earnings/(Loss) Per Share
(Basic)		 0.43 0.08 0.51 0.14
Earnings/(Loss) Per Share
(Diluted)		 0.43 0.08 0.51 0.14
Other Relevant Information

None
Filed on behalf by:
Name Rhodora Edangalino
Designation Assistant Manager