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, 2015

2. SEC Identification Number

A200117708

3. BIR Tax Identification No.

219934330

4. Exact name of issuer as specified in its charter

Xurpas Inc.

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

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

7F Cambridge Centre, 108 Tordesillas St., Salcedo Village, Makati City Postal Code 1227

8. Issuer's telephone number, including area code

(632) 889-6467

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	1,720,000,660

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 (1,720,000,660)

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.

Xurpas Inc.X

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, 2015
Currency (indicate units, if applicable)	Philippine Peso

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2015	Dec 31, 2014
Current Assets	1,585,679,887	1,602,345,648
Total Assets	1,678,639,032	1,654,458,644
Current Liabilities	167,950,922	129,042,472
Total Liabilities	219,941,408	163,900,732
Retained Earnings/(Deficit)	65,483,310	98,539,176
Stockholders' Equity	1,458,697,624	1,490,557,912
Stockholders' Equity - Parent	1,446,253,558	1,479,294,424
Book Value per Share	0.85	0.87

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Operating Revenue	127,411,161	86,664,090	127,411,161	86,664,090
Other Revenue	4,815,748	95,577	4,815,748	95,577
Gross Revenue	132,226,909	86,759,667	132,226,909	86,759,667
Operating Expense	30,027,585	30,871,026	30,027,585	30,871,026
Other Expense	16,607,957	4,272,594	16,607,957	4,272,594
Gross Expense	46,635,542	35,143,620	46,635,542	35,143,620
Net Income/(Loss) Before Tax	85,591,367	51,616,047	85,591,367	51,616,047
Income Tax Expense	26,381,387	4,821,651	26,381,387	4,821,651
Net Income/(Loss) After Tax	59,209,980	46,794,396	59,209,980	46,794,396
Net Income Attributable to Parent Equity Holder	58,190,137	45,802,494	58,190,137	45,802,494
Earnings/(Loss) Per Share (Basic)	0.05	0.11	0.05	0.11
Earnings/(Loss) Per Share (Diluted)	0.05	0.11	0.05	0.11

Other Relevant Information
N/A