CR04459-2024

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, 2024
2. SEC Identification Number
1674
3. BIR Tax Identification No.
000-479-027-000
4. Exact name of issuer as specified in its charter
Manila Broadcasting Company
5. Province, country or other jurisdiction of incorporation or organization
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
MBC Bldg., V. Sotto St., CCP Complex, Pasay City Postal Code 1307
8. Issuer's telephone number, including area code
(02) 8832-6149 to 50
9. Former name or former address, and former fiscal year, if changed since last report
No change in name or address since last report
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 402,682,990
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.

Manila Broadcasting CompanyMBC

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, 2024
Currency (indicate units, if applicable) Philippine Peso
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Mar 31, 2024 Dec 31, 2023
Current Assets 838,193,984 857,886,116
Total Assets 2,782,471,543 2,799,963,445
Current Liabilities 748,683,705 777,875,850
Total Liabilities 1,118,495,392 1,151,171,020
Retained
Earnings/(Deficit)
602,970,999 587,008,117
Stockholders' Equity 1,663,976,151 1,648,792,425
Stockholders' Equity - Parent 1,729,329,473 1,718,041,606
Book Value per Share 4.13 4.09
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 232,121,368 209,479,647 232,121,368 209,479,647
Gross Expense 209,033,181 180,575,356 209,033,181 180,575,356
Non-Operating Income 2,749,384 2,813,895 2,749,384 2,813,895
Non-Operating Expense 6,891,017 7,014,046 6,891,017 7,014,046
Income/(Loss) Before Tax 18,946,553 24,704,140 18,946,553 24,704,140
Income Tax Expense 3,762,827 9,700,985 3,762,827 9,700,985
Net Income/(Loss) After Tax 15,183,726 15,003,156 15,183,726 15,003,156
Net Income Attributable to
Parent Equity Holder
11,287,954 16,856,486 11,287,954 16,856,486
Earnings/(Loss) Per Share
(Basic)
0.04 0.04 0.04 0.04
Earnings/(Loss) Per Share
(Diluted)
- - - -
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 0.14 0.13
Earnings/(Loss) Per Share (Diluted) - -
Other Relevant Information

Amended to reflect minor adjustments in retained earnings due to the use of unadjusted balances.

Filed on behalf by:
Name Eduardo Cordova
Designation SVP-CFO