CR02636-2022

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
Mar 31, 2022
2. SEC Identification Number
CS202052294
3. BIR Tax Identification No.
502-228-971-000
4. Exact name of issuer as specified in its charter
MREIT, Inc.
5. Province, country or other jurisdiction of incorporation or organization
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
18th Floor, Alliance Global Tower, 36th Street corner 11th Avenue, Uptown Bonifacio, Taguig City, Philippines Postal Code 1634
8. Issuer's telephone number, including area code
(632) 8894-6300/6400
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 Shares 2,532,121,381
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.

MREIT, Inc.MREIT

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 Mar 31, 2022
Currency (indicate units, if applicable) Php
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Mar 31, 2022 Dec 31, 2021
Current Assets 1,592,250,129 1,493,186,744
Total Assets 61,018,047,503 60,865,187,563
Current Liabilities 512,223,943 435,200,145
Total Liabilities 8,777,010,568 8,703,865,485
Retained
Earnings/(Deficit)
1,801,449,519 1,721,734,662
Stockholders' Equity 52,241,036,935 52,161,322,078
Stockholders' Equity - Parent 52,241,036,935 52,161,322,078
Book Value per Share 20.63 20.6
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 901,566,104 - 901,566,104 -
Gross Expense 139,943,541 12,477,000 139,943,541 12,477,000
Non-Operating Income 2,799,603 - 2,799,603 -
Non-Operating Expense 76,730,751 - 76,730,751 -
Income/(Loss) Before Tax 687,691,415 -12,477,000 687,691,415 -12,477,000
Income Tax Expense 520,639 - 520,639 -
Net Income/(Loss) After Tax 687,170,776 -12,477,000 687,170,776 -12,477,000
Net Income Attributable to
Parent Equity Holder
687,170,776 -12,477,000 687,170,776 -12,477,000
Earnings/(Loss) Per Share
(Basic)
0.27 -0.01 0.27 -0.01
Earnings/(Loss) Per Share
(Diluted)
0.27 -0.01 0.27 -0.01
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 1.32 -
Earnings/(Loss) Per Share (Diluted) 1.32 -
Other Relevant Information

The report is being amended to attach the Reinvestment Plan Progress Report as of 31 March 2022 for the December 2021 Asset Sale between Megaworld Corporation and MREIT, Inc.

Filed on behalf by:
Name Ma. Georgina Alvarez
Designation Chief Legal Consultant