SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Aug 13, 2024

2. SEC Identification Number

CS200319138

3. BIR Tax Identification No.

227-409-243-000

4. Exact name of issuer as specified in its charter

ALLIANCE SELECT FOODS INTERNATIONAL, INC.

5. Province, country or other jurisdiction of incorporation

Pasig City, NCR, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Suite 3104A, West Tower, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig City Postal Code 1605 Postal Code 1605

8. Issuer's telephone number, including area code

632-8637-8800

9. Former name or former address, 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 STOCK	2,499,712,463

11. Indicate the item numbers reported herein

Item No. 9 - Other Matters - Press Release

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.

Alliance Select Foods International, Inc.FOOD

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Alliance Select posts 55% consolidated net revenue growth in H1 2024; Net Income higher by 161% YoY.
Background/Description of the Disclosure
MANILA, PHILIPPINES - Alliance Select Foods International, Inc. (“ASFII” or the “Company”; PSE: FOOD) posted US$ 39.6mn in net revenue in 1H24, 55% higher YoY. Gross profit (GP) reached US$ 4.3mn, 160% better than 1H23. The Group’s net income after tax is at US$ 351 thousand, a 161% improvement YoY. Revenue and net income rose 55% and 190% YoY respectively in 2Q2024 alone. The revenue gains stemmed from an increase in export and local sales and an expanded customer base. Better supply costs and manufacturing overhead contributed to the improved GP and higher net income before tax. Unfavorable freight charges and interest rates impacted FOOD’s bottom line, but these were offset by favorable fish prices and improved production cost due to higher plant utilization. “These positive developments propel us to continue expanding our business and enhancing efficiencies,” said ASFII President and CEO Jeoffrey P. Yulo.
Other Relevant Information
Alliance Select Foods International, Inc. is a publicly-listed seafood company engaged in tuna processing, and serving over 30 countries worldwide. Please see attached SEC Form 17-C with Press Release.