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

152897

3. BIR Tax Identification No.

201-128-653-000

4. Exact name of issuer as specified in its charter

Harbor Star Shipping Services, Inc.

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

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

2224 A. Bonifacio St., cor. Pres. Sergio Osmeña Highway, Brgy. Bangkal, Makati City Postal Code 1233

8. Issuer's telephone number, including area code

(+632) 8886-3703

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	894,586,870
Treasury	13,271,000

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.

Harbor Star Shipping Services, Inc. TUGS

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	2,255,528	2,220,476
Total Assets	7,424,887	7,336,974
Current Liabilities	2,182,239	2,223,703
Total Liabilities	5,005,415	5,058,044
Retained Earnings/(Deficit)	392,077	248,065
Stockholders' Equity	2,419,473	2,278,929
Stockholders' Equity - Parent	2,426,571	2,373,160
Book Value per Share	2.71	2.65

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	812,216	885,651	2,105,910	2,276,333
Gross Expense	678,272	745,849	1,819,992	1,927,764
Non-Operating Income	12,349	10,890	17,303	188,561
Non-Operating Expense	62,304	67,779	194,028	190,292
Income/(Loss) Before Tax	83,989	82,912	109,193	346,838
Income Tax Expense	20,301	1,936	22,822	6,199
Net Income/(Loss) After Tax	63,687	80,976	86,371	340,639
Net Income Attributable to Parent Equity Holder	37,228	143,246	59,912	297,404
Earnings/(Loss) Per Share (Basic)	0.04	0.16	0.07	0.33
Earnings/(Loss) Per Share (Diluted)	0.04	0.16	0.07	0.33

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	0.04	0.16
Earnings/(Loss) Per Share (Diluted)	0.04	0.16

Other Relevant Information
N/A