CR05717-2021

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, 2021
2. SEC Identification Number
39274
3. BIR Tax Identification No.
000-506-020-000
4. Exact name of issuer as specified in its charter
AC Energy Corporation
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
4th Floor, 6750 Office Tower, Ayala Avenue, Makati City Postal Code 1226
8. Issuer's telephone number, including area code
(02) 7730 6300
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 38,225,838,177
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:
Philippine Stock Exchange - 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.

AC Energy CorporationACEN

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, 2021
Currency (indicate units, if applicable) in thousand pesos
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2021 Dec 31, 2020
Current Assets 75,034,167 60,242,419
Total Assets 168,783,780 141,815,820
Current Liabilities 10,093,650 12,481,525
Total Liabilities 35,194,702 37,536,484
Retained
Earnings/(Deficit)
6,146,693 6,349,084
Stockholders' Equity 133,589,078 104,279,336
Stockholders' Equity - Parent 82,912,410 53,880,505
Book Value per Share 3.19 5.08
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 7,687,030 5,386,152 13,414,874 9,972,024
Gross Expense 6,777,354 3,554,654 11,605,568 7,390,291
Non-Operating Income 1,586,012 1,951,942 3,176,873 2,826,094
Non-Operating Expense -374,989 -535,851 -803,668 -926,579
Income/(Loss) Before Tax 2,120,699 3,247,589 4,182,511 4,481,248
Income Tax Expense -63,053 575,510 65,324 668,399
Net Income/(Loss) After Tax 2,183,752 2,672,079 4,117,187 3,812,849
Net Income Attributable to
Parent Equity Holder
1,418,108 1,968,246 2,690,363 2,573,406
Earnings/(Loss) Per Share
(Basic)
0.07 0.25 0.13 0.34
Earnings/(Loss) Per Share
(Diluted)
0.07 0.25 0.13 0.34
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 0.33 0.66
Earnings/(Loss) Per Share (Diluted) 0.33 0.66
Other Relevant Information

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Filed on behalf by:
Name Alan Ascalon
Designation Vice President/ Asst. Corporate Secretary