CR05458-2014

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
845
3. BIR Tax Identification No.
000-508-536-000
4. Exact name of issuer as specified in its charter
SOLID GROUP INC.
5. Province, country or other jurisdiction of incorporation or organization
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
2285 Don Chino Roces Avenue, Makati City, Philippines Postal Code 1231
8. Issuer's telephone number, including area code
(02) 843-1511
9. Former name or former address, and former fiscal year, if changed since last report
NA
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 1,821,542,000
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 Philippine Stock Exchange Common
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.

Solid Group, Inc.SGI

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) Philippine Peso
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2014 Dec 31, 2013
Current Assets 7,275,681,521 7,472,448,499
Total Assets 13,477,483,159 13,604,029,361
Current Liabilities 2,926,506,015 2,875,637,593
Total Liabilities 3,908,457,621 3,852,594,614
Retained
Earnings/(Deficit)
2,690,827,416 2,820,926,308
Stockholders' Equity 9,569,025,538 9,751,434,747
Stockholders' Equity - Parent 9,220,375,944 9,361,202,641
Book Value per Share 5.06 5.14
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 1,138,629,996 1,163,961,651 1,973,632,074 1,845,570,103
Other Revenue 4,998,945 32,506,082 32,015,777 59,460,464
Gross Revenue 1,143,628,941 1,196,467,733 2,005,647,851 1,905,030,567
Operating Expense 981,088,638 902,872,361 1,690,186,606 1,407,669,533
Other Expense 261,933,883 205,437,455 475,651,592 379,058,362
Gross Expense 1,243,022,521 1,108,309,816 2,165,838,198 1,786,727,895
Net Income/(Loss) Before Tax -99,393,580 88,157,917 -160,190,347 118,302,672
Income Tax Expense 7,397,996 26,187,374 11,491,057 37,687,486
Net Income/(Loss) After Tax -106,791,576 61,970,543 -171,681,404 80,615,186
Net Income Attributable to
Parent Equity Holder
-76,288,861 66,450,373 -130,098,892 90,046,834
Earnings/(Loss) Per Share
(Basic)
-0.04 0.04 -0.07 0.05
Earnings/(Loss) Per Share
(Diluted)
-0.04 0.04 -0.07 0.05
Other Relevant Information

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Filed on behalf by:
Name MELLINA CORPUZ
Designation VP & CHIEF ACCOUNTING OFFICER