CR07275-2014

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
Sep 30, 2014
2. SEC Identification Number
30354
3. BIR Tax Identification No.
287191423000
4. Exact name of issuer as specified in its charter
DOUBLEDRAGON PROPERTIES CORP
5. Province, country or other jurisdiction of incorporation or organization
Republic of the Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
5th Floor People's Hotel Delgado St., Iloilo City Postal Code 5000
8. Issuer's telephone number, including area code
(632) 856-7111
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 2,229,730,000
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:
Stock Exchange: Philippine Stock Exchange; Securities Listed: 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.

DoubleDragon Properties Corp.DD

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 Sep 30, 2014
Currency (indicate units, if applicable) PHP
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Sep 30, 2014 Dec 31, 2013
Current Assets 3,192,349,067 1,309,197,887
Total Assets 4,970,620,340 1,796,541,434
Current Liabilities 2,062,474,207 613,430,919
Total Liabilities 2,827,095,217 1,181,453,711
Retained
Earnings/(Deficit)
432,040,290 106,269,584
Stockholders' Equity 2,143,525,123 615,087,723
Stockholders' Equity - Parent 2,017,213,867 589,895,164
Book Value per Share 0.96 3.72
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 733,937,541 123,471,282 1,120,305,188 368,022,590
Other Revenue 3,127,466 2,797,706 7,304,875 2,933,867
Gross Revenue 737,065,007 126,268,988 1,127,610,063 370,956,457
Operating Expense 374,388,322 104,101,268 641,646,369 329,552,812
Other Expense 0 0 0 0
Gross Expense 374,388,322 104,101,268 641,646,369 329,552,812
Net Income/(Loss) Before Tax 362,676,685 22,167,720 485,963,694 41,403,645
Income Tax Expense 108,914,554 6,650,316 147,899,252 12,421,094
Net Income/(Loss) After Tax 253,762,131 15,517,404 338,064,442 28,982,552
Net Income Attributable to
Parent Equity Holder
251,239,794 16,112,547 331,150,917 29,577,694
Earnings/(Loss) Per Share
(Basic)
0.11 0.09 0.15 0.17
Earnings/(Loss) Per Share
(Diluted)
0.11 0.09 0.15 0.17
Other Relevant Information

N/A

Filed on behalf by:
Name Joselito Barrera Jr.
Designation Head