CR05726-2024

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
845
3. BIR Tax Identification No.
000-508-536-000
4. Exact name of issuer as specified in its charter
Solid Group Inc.
5. Province, country or other jurisdiction of incorporation or organization
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
2285 Don Chino Roces Avenue, Makati City Postal Code 1231
8. Issuer's telephone number, including area code
(632) 8843-1511
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 1,821,542,000
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:
The Philippine Stock Exchange - Common
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.

Solid Group, Inc.SGI

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 5,199,445,478 4,365,280,991
Total Assets 14,896,676,184 14,313,362,852
Current Liabilities 738,248,311 610,977,555
Total Liabilities 2,473,145,459 1,959,928,487
Retained
Earnings/(Deficit)
5,354,466,121 5,362,557,945
Stockholders' Equity 12,423,530,725 12,353,434,365
Stockholders' Equity - Parent 12,080,735,381 12,048,402,298
Book Value per Share 6.63 6.61
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 667,047,439 638,862,382 1,242,650,443 1,217,181,114
Gross Expense 565,204,032 568,181,627 1,109,215,594 1,081,134,149
Non-Operating Income 110,591,301 25,870,329 150,577,195 58,034,818
Non-Operating Expense 109,019 1,563,174 2,702,288 6,527,804
Income/(Loss) Before Tax 212,325,689 94,987,910 281,309,756 187,553,979
Income Tax Expense 40,738,979 30,612,461 69,483,803 57,009,103
Net Income/(Loss) After Tax 171,586,710 64,375,449 211,825,953 130,544,876
Net Income Attributable to
Parent Equity Holder
138,366,185 60,987,440 174,062,676 122,720,883
Earnings/(Loss) Per Share
(Basic)
0.08 0.03 0.1 0.07
Earnings/(Loss) Per Share
(Diluted)
0.08 0.03 0.1 0.07
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 0.31 0.24
Earnings/(Loss) Per Share (Diluted) 0.31 0.24
Other Relevant Information

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Filed on behalf by:
Name Annabella Orbe
Designation VP & Chief Accounting Officer