CR05638-2024

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
Jun 30, 2024
2. SEC Identification Number
42543
3. BIR Tax Identification No.
000-196-724
4. Exact name of issuer as specified in its charter
ASIABEST GROUP INTERNATIONAL INC.
5. Province, country or other jurisdiction of incorporation or organization
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
8th Floor Chatham House Building Valero corner Rufino St., Salcedo Village, Makati City Postal Code -
8. Issuer's telephone number, including area code
(632) 88443819
9. Former name or former address, and former fiscal year, if changed 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 Stock P1.00 par value 300,000,000
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 -300,000,000 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.

Asiabest Group International Inc.ABG

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, 2024
Currency (indicate units, if applicable) PHP
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2024 Dec 31, 2023
Current Assets 252,368,337 256,854,596
Total Assets 252,368,337 256,854,596
Current Liabilities 844,160 5,019,402
Total Liabilities 844,160 5,019,402
Retained
Earnings/(Deficit)
-48,475,823 -48,164,806
Stockholders' Equity 251,524,177 251,835,194
Stockholders' Equity - Parent - -
Book Value per Share 0.84 0.84
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue - - - -
Gross Expense 2,150,610 2,241,149 4,201,834 4,246,193
Non-Operating Income 1,944,118 1,588,219 3,890,817 2,924,778
Non-Operating Expense - - - -
Income/(Loss) Before Tax -206,492 -652,930 -311,017 -1,321,415
Income Tax Expense - - - -
Net Income/(Loss) After Tax -206,492 -652,930 -311,017 -1,321,415
Net Income Attributable to
Parent Equity Holder
- - - -
Earnings/(Loss) Per Share
(Basic)
-0 -0 -0 -0
Earnings/(Loss) Per Share
(Diluted)
-0 -0 -0 -0
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) -0 -0.14
Earnings/(Loss) Per Share (Diluted) -0 -0.01
Other Relevant Information

please see attached

Filed on behalf by:
Name Christine Base
Designation Corporate Secretary