CR07355-2024

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
Sep 30, 2024
2. SEC Identification Number
ASO94-03992
3. BIR Tax Identification No.
003-871-592
4. Exact name of issuer as specified in its charter
Global Ferronickel Holdings, Inc.
5. Province, country or other jurisdiction of incorporation or organization
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Penthouse, Platinum Tower, Asean Ave. cor. Fuentes St., Aseana, Parañaque City Postal Code 1701
8. Issuer's telephone number, including area code
(02) 8519 7888
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 5,125,175,687
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.

Global Ferronickel Holdings, Inc.FNI

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 Sep 30, 2024
Currency (indicate units, if applicable) Php (in thousands)
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Sep 30, 2024 Dec 31, 2023
Current Assets 3,719,875 3,938,933
Total Assets 17,780,068 17,414,741
Current Liabilities 2,738,181 2,288,173
Total Liabilities 4,983,161 5,134,390
Retained
Earnings/(Deficit)
7,973,199 7,470,593
Stockholders' Equity 12,796,907 12,280,351
Stockholders' Equity - Parent 12,650,898 12,126,656
Book Value per Share 2.5 2.4
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 2,653,165 3,652,510 5,731,933 6,768,411
Gross Expense 2,305,404 2,352,471 5,109,129 4,558,823
Non-Operating Income 116,164 282,276 260,639 395,758
Non-Operating Expense 51,164 71,201 161,789 213,916
Income/(Loss) Before Tax 412,761 1,511,114 721,654 2,391,430
Income Tax Expense 119,255 310,767 226,734 565,766
Net Income/(Loss) After Tax 293,506 1,200,347 494,920 1,825,664
Net Income Attributable to
Parent Equity Holder
295,528 1,202,977 502,606 1,552,476
Earnings/(Loss) Per Share
(Basic)
0.06 0.23 0.1 0.3
Earnings/(Loss) Per Share
(Diluted)
0.06 0.23 0.1 0.3
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 0.1 0.3
Earnings/(Loss) Per Share (Diluted) 0.1 0.3
Other Relevant Information

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Filed on behalf by:
Name Eveart Grace Pomarin-Claro
Designation Corporate Secretary and Alternate Corporate Information Officer