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

AS094-0002365

3. BIR Tax Identification No.

003-868-048-000

4. Exact name of issuer as specified in its charter

SPC POWER CORPORATION

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

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

7/F, BDO Towers Paseo, 8741, Paseo de Roxas, Makati City Postal Code 1209

8. Issuer's telephone number, including area code

(63 2) 8810 4474 to 77

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: Issued (as of September 30, 2025)	1,496,551,803

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 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.

SPC Power CorporationSPC

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)	Peso

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Sep 30, 2025	Dec 31, 2024
Current Assets	7,151,752,036	5,477,181,346
Total Assets	13,055,009,592	11,765,137,472
Current Liabilities	623,543,850	476,360,724
Total Liabilities	768,244,140	624,175,550
Retained Earnings/(Deficit)	10,729,607,229	9,584,104,015
Stockholders' Equity	12,286,765,452	11,140,961,922
Stockholders' Equity - Parent	12,271,661,563	11,126,158,349
Book Value per Share	8.21	7.44

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	1,020,601,734	698,823,261	2,120,146,018	2,363,065,267
Gross Expense	346,499,427	665,645,215	625,911,375	2,134,595,934
Non-Operating Income	341,421,191	318,315,867	645,878,588	949,265,030
Non-Operating Expense	49,919,171	101,110,056	171,269,714	143,049,244
Income/(Loss) Before Tax	965,604,327	250,383,857	1,968,843,517	1,034,685,119
Income Tax Expense	101,368,161	12,525,881	224,419,266	42,791,813
Net Income/(Loss) After Tax	864,236,166	237,857,976	1,744,424,251	991,893,306
Net Income Attributable to Parent Equity Holder	864,107,168	206,782,959	1,744,123,935	941,176,657
Earnings/(Loss) Per Share (Basic)	0.58	0.14	1.17	0.63
Earnings/(Loss) Per Share (Diluted)	0.58	0.14	1.17	0.63

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	1.53	0.61
Earnings/(Loss) Per Share (Diluted)	1.53	0.61

Other Relevant Information

Due to the sale of the Group's total shares in Bohol Light Company, Inc. (BLCI) which took effect on September 12, 2024, BLCI's financial statements were deconsolidated and its results of operations was presented as discontinued operation in the consolidated statements of comprehensive income. The income from discontinued operations is included under Non-Operating Income in the above Income Statement. Please see pages 6 & 15 of the SEC Form 17-Q for the Quarter ending June 30, 2025.