CR05796-2023

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, 2023
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
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
2285 Don Chino Roces Avenue, Makati City Postal Code 1231
8. Issuer's telephone number, including area code
(632) 8843-1511
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 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, 2023
Currency (indicate units, if applicable) Php
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2023 Dec 31, 2022
Current Assets 4,867,373,049 5,180,830,604
Total Assets 13,752,879,890 13,664,873,339
Current Liabilities 469,207,360 511,351,701
Total Liabilities 1,694,094,241 1,723,858,474
Retained
Earnings/(Deficit)
5,028,974,362 4,906,253,479
Stockholders' Equity 12,058,785,649 11,941,014,865
Stockholders' Equity - Parent 11,722,463,303 11,612,516,512
Book Value per Share 6.44 6.38
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 638,862,382 373,763,107 1,217,181,114 742,163,894
Gross Expense 568,181,627 285,913,945 1,081,134,149 618,924,679
Non-Operating Income 25,870,329 15,370,747 58,034,818 25,108,748
Non-Operating Expense 1,563,174 245,300 6,527,804 552,250
Income/(Loss) Before Tax 94,987,910 102,974,609 187,553,979 147,795,713
Income Tax Expense 30,612,461 24,887,453 57,009,103 39,838,117
Net Income/(Loss) After Tax 64,375,449 78,087,156 130,544,876 107,957,596
Net Income Attributable to
Parent Equity Holder
60,987,440 77,104,357 122,720,883 107,384,745
Earnings/(Loss) Per Share
(Basic)
0.03 0.04 0.07 0.06
Earnings/(Loss) Per Share
(Diluted)
0.03 0.04 0.07 0.06
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 0.24 0.4
Earnings/(Loss) Per Share (Diluted) 0.24 0.4
Other Relevant Information

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Filed on behalf by:
Name Josephine Santiago
Designation VP & Chief Information Officer