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

14782

3. BIR Tax Identification No.

000-128-846-000

4. Exact name of issuer as specified in its charter

LIBERTY FLOUR MILLS, INC.

5. Province, country or other jurisdiction of incorporation or organization

METRO MANILA

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

LIBERTY BUILDING, 835 A. ARNAIZ AVENUE, MAKATI CITY Postal Code 1229

8. Issuer's telephone number, including area code

02 8892-5011

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	150,000,000

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, INC. - 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.

Liberty Flour Mills, Inc.LFM

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	1,646,737,397	1,696,469,223
Total Assets	4,410,965,972	4,240,846,872
Current Liabilities	1,610,952,237	1,558,929,550
Total Liabilities	1,902,605,386	1,706,705,549
Retained Earnings/(Deficit)	1,026,339,296	1,021,170,623
Stockholders' Equity	2,508,360,586	2,534,141,323
Stockholders' Equity - Parent	1,487,471,560	2,990,986,869
Book Value per Share	16.72	16.89

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	369,957,506	427,281,018	735,870,954	901,219,234
Gross Expense	313,340,151	428,367,253	627,923,127	931,452,160
Non-Operating Income	9,994,207	7,619,252	25,676,525	13,289,363
Non-Operating Expense	26,127,177	33,237,695	59,772,274	76,872,304
Income/(Loss) Before Tax	40,484,385	-26,704,678	73,852,078	-93,815,867
Income Tax Expense	5,178,395	1,426,697	20,254,213	2,969,696
Net Income/(Loss) After Tax	35,305,990	-28,131,375	53,597,865	-96,785,563
Net Income Attributable to Parent Equity Holder	-	-	-	-
Earnings/(Loss) Per Share (Basic)	0.24	-0.19	0.36	-0.65
Earnings/(Loss) Per Share (Diluted)	0.24	-0.19	0.36	-0.65

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	0.97	0.35
Earnings/(Loss) Per Share (Diluted)	0.97	0.35

Other Relevant Information

The BOD during its regular meeting last May 29, 2024 approved the declaration of cash dividend 3.0% or Thirty Centavos (P0.30) per share to stockholders of record as of June 19,2024 with payable date as of July 12, 2024. In addition, the BOD passed and adopted a resolution approving a property dividend with an entitlement ratio of ninety-seven (97) shares of LFM Properties Corporation (“LPC”) for every one (1) share of the Corporation. The Board also set a record date of June 19, 2024. Lastly, during the Annual Stockholders Meeting on May 29, 2024, the stockholders approved to amend the Company's Articles of Incorporation which composed of the Second (Secondary Purpose), Article Third (Principal Office Address), and Article Fourth (Corporate Term).