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, 2025

2. SEC Identification Number

CS200811530

3. BIR Tax Identification No.

007-085-191-000

4. Exact name of issuer as specified in its charter

NICKEL ASIA CORPORATION

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

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

28TH FLOOR NAC TOWER, 32ND STREET, BONIFACIO GLOBAL CITY, TAGUIG CITY Postal Code 1634

8. Issuer's telephone number, including area code

(632) 7777-7622

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 STOCK	13,931,125,094
SHORT-TERM AND LONG-TERM DEBTS (IN MILLION PHP)	10,392.9

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 - COMMON STOCK

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.

Nickel Asia CorporationNIKL

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, 2025
Currency (indicate units, if applicable)	PHP (IN THOUSANDS)

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2025	Dec 31, 2024
Current Assets	25,754,815	23,835,707
Total Assets	67,607,109	61,650,801
Current Liabilities	12,801,710	12,752,199
Total Liabilities	18,992,052	17,237,579
Retained Earnings/(Deficit)	22,555,643	18,895,066
Stockholders' Equity	48,615,057	44,413,222
Stockholders' Equity - Parent	39,536,098	36,626,525
Book Value per Share	2.84	2.63

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	11,051,304	7,685,404	22,834,452	16,976,879
Gross Expense	5,359,615	4,517,498	13,608,415	11,781,188
Non-Operating Income	319,263	173,939	1,298,045	778,187
Non-Operating Expense	295,189	746,098	659,860	1,021,233
Income/(Loss) Before Tax	5,715,763	2,595,747	9,864,222	4,952,645
Income Tax Expense	1,484,144	649,248	2,604,735	1,266,692
Net Income/(Loss) After Tax	4,231,619	1,946,499	7,259,487	3,685,953
Net Income Attributable to Parent Equity Holder	3,094,640	1,435,935	5,192,714	2,552,373
Earnings/(Loss) Per Share (Basic)	0.22	0.1	0.37	0.18
Earnings/(Loss) Per Share (Diluted)	0.22	0.1	0.37	0.18

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	0.37	0.18
Earnings/(Loss) Per Share (Diluted)	0.37	0.18

Other Relevant Information
N/A