CR05741-2024

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
CS200613870
3. BIR Tax Identification No.
006-346-689
4. Exact name of issuer as specified in its charter
AREIT, Inc.
5. Province, country or other jurisdiction of incorporation or organization
Makati City, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
28/F Tower One and Exchange Plaza, Ayala Ave. Makati City Postal Code 1226
8. Issuer's telephone number, including area code
(+632) 7908-3804
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 2,368,606,573
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
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.

AREIT, Inc.AREIT

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) Philippine Pesos
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2024 Dec 31, 2023
Current Assets 5,073,170,680 5,357,019,054
Total Assets 94,444,004,575 93,272,292,451
Current Liabilities 6,588,375,515 5,926,644,711
Total Liabilities 10,802,028,079 9,862,455,642
Retained
Earnings/(Deficit)
23,635,878,385 23,403,738,698
Stockholders' Equity 83,641,976,497 83,409,836,809
Stockholders' Equity - Parent 83,641,976,497 83,409,836,809
Book Value per Share 35.31 35.21
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 2,122,036,072 1,494,029,059 4,233,582,012 2,970,121,140
Gross Expense 583,547,856 420,758,007 1,168,330,199 838,017,854
Non-Operating Income 25,466,507 30,351,469 65,233,148 50,584,874
Non-Operating Expense 145,259,518 75,790,616 267,759,920 144,263,424
Income/(Loss) Before Tax 1,418,695,205 1,027,831,904 2,862,725,042 2,038,424,736
Income Tax Expense 710,378 202,413 1,432,057 461,935
Net Income/(Loss) After Tax 1,417,984,827 1,027,629,491 2,861,292,984 2,037,962,802
Net Income Attributable to
Parent Equity Holder
1,417,984,827 1,027,629,491 2,861,292,984 2,037,962,802
Earnings/(Loss) Per Share
(Basic)
0.6 0.58 1.21 1.16
Earnings/(Loss) Per Share
(Diluted)
0.6 0.58 1.21 1.16
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 1.21 1.16
Earnings/(Loss) Per Share (Diluted) 1.21 1.16
Other Relevant Information

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Filed on behalf by:
Name Brandon Ryan Lim
Designation Investor Relations Associate