CR05802-2023

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
A200110402
3. BIR Tax Identification No.
213-054-503-000
4. Exact name of issuer as specified in its charter
SBS PHILIPPINES CORPORATION
5. Province, country or other jurisdiction of incorporation or organization
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
10 RESTHAVEN STREET, SAN FRANCISCO DEL MONTE, QUEZON CITY Postal Code 1105
8. Issuer's telephone number, including area code
+632 8371 1111
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 1,549,999,999
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.

SBS Philippines CorporationSBS

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) Philippine Peso
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2023 Dec 31, 2022
Current Assets 2,579,845,692 2,494,070,209
Total Assets 8,997,362,222 8,771,950,989
Current Liabilities 1,750,856,971 1,480,549,254
Total Liabilities 2,443,713,825 2,231,541,386
Retained
Earnings/(Deficit)
2,053,234,508 2,033,918,847
Stockholders' Equity 6,553,648,397 6,540,409,603
Stockholders' Equity - Parent 5,846,028,714 5,826,713,053
Book Value per Share 3.77 3.76
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 251,654,651 320,349,763 516,346,043 612,414,759
Gross Expense 209,743,579 231,978,024 426,748,073 459,851,389
Non-Operating Income 0 0 0 0
Non-Operating Expense 36,557,589 38,476,158 70,170,718 62,535,678
Income/(Loss) Before Tax 5,353,483 49,895,581 19,427,252 90,027,692
Income Tax Expense 1,701,728 15,264,035 6,188,458 28,001,484
Net Income/(Loss) After Tax 3,651,755 34,631,546 13,238,794 62,026,208
Net Income Attributable to
Parent Equity Holder
6,449,395 38,320,104 19,315,661 69,293,852
Earnings/(Loss) Per Share
(Basic)
0 0.02 0.01 0.04
Earnings/(Loss) Per Share
(Diluted)
0 0.02 0.01 0.04
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 0.05 0.03
Earnings/(Loss) Per Share (Diluted) 0.05 0.03
Other Relevant Information

Earnings Per Share (Basic and Diluted) is based on the Net Profit for the period attributable to Shareholders of SBS Philippines Corporation (the Parent Company), divided by the total number of outstanding shares.

Filed on behalf by:
Name Gerry Tan
Designation President and CEO