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, 2023

2. SEC Identification Number

152897

3. BIR Tax Identification No.

201-128-653-000

4. Exact name of issuer as specified in its charter

Harbor Star Shipping Services, Inc.

5. Province, country or other jurisdiction of incorporation or organization

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

2224 A. Bonifacio St., cor. Pres. Sergio Osmeña Highway, Brgy. Bangkal, Makati City Postal Code 1233

8. Issuer's telephone number, including area code

(+632) 8886-3703

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	894,586,870
Treasury	13,271,000

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:

Philippine Stock Exchange, Common Stock

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.

Harbor Star Shipping Services, Inc. TUGS

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, 2023
Currency (indicate units, if applicable)	PHP in Thousand

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2023	Dec 31, 2022
Current Assets	2,168,908	1,870,669
Total Assets	7,145,057	6,851,170
Current Liabilities	1,399,872	1,223,782
Total Liabilities	5,255,438	5,079,804
Retained Earnings/(Deficit)	110,701	-7,689
Stockholders' Equity	1,889,619	1,771,366
Stockholders' Equity - Parent	1,860,347	1,742,385
Book Value per Share	2.08	1.95

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	659,098	731,928	659,098	731,928
Gross Expense	599,583	465,031	599,583	465,031
Non-Operating Income	402	4,803	402	4,803
Non-Operating Expense	7,946	72,767	7,946	72,767
Income/(Loss) Before Tax	51,971	198,933	51,971	198,933
Income Tax Expense	1,920	1,063	1,920	1,063
Net Income/(Loss) After Tax	50,051	197,870	50,051	197,870
Net Income Attributable to Parent Equity Holder	49,238	188,012	49,238	188,012
Earnings/(Loss) Per Share (Basic)	0.06	0.21	0.06	0.21
Earnings/(Loss) Per Share (Diluted)	0.06	0.21	0.06	0.21

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	0.53	0.1
Earnings/(Loss) Per Share (Diluted)	0.53	0.1

Other Relevant Information
N/A