CR05491-2014

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, 2014
2. SEC Identification Number
a1996-1062
3. BIR Tax Identification No.
005038162
4. Exact name of issuer as specified in its charter
TKC STEEL CORPORATION
5. Province, country or other jurisdiction of incorporation or organization
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Unit B1-A/C, 2nd Floor, Building B Karrivin Plaza, 2316 Chino Roces Ave. Extension, Makati City Postal Code 1227
8. Issuer's telephone number, including area code
864-07-34
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 940,000,000
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:
The 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.

TKC Steel CorporationT

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, 2014
Currency (indicate units, if applicable) PHP
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2014 Dec 31, 2013
Current Assets 1,432,994,883 1,538,788,400
Total Assets 5,915,738,360 6,053,592,196
Current Liabilities 5,446,135,933 5,431,794,880
Total Liabilities 5,487,933,551 5,470,285,057
Retained
Earnings/(Deficit)
-2,659,755,921 -2,580,743,827
Stockholders' Equity 427,804,809 583,307,139
Stockholders' Equity - Parent 348,073,396 491,286,178
Book Value per Share 0.46 0.62
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Operating Revenue 74,915,856 516,972,892 132,066,595 715,065,663
Other Revenue - - - -
Gross Revenue 74,915,856 516,972,892 132,066,595 715,065,663
Operating Expense 39,672,014 64,303,325 76,355,459 93,236,454
Other Expense 18,596,306 35,520,249 36,017,375 61,499,183
Gross Expense 58,268,320 99,823,574 112,372,834 154,735,637
Net Income/(Loss) Before Tax -49,923,237 -190,612,215 -106,046,306 -303,122,029
Income Tax Expense 25,183 99,029 25,485 231,587
Net Income/(Loss) After Tax -49,948,420 -190,711,244 -106,071,791 -303,353,616
Net Income Attributable to
Parent Equity Holder
-47,376,002 -184,021,076 -100,922,215 -292,274,294
Earnings/(Loss) Per Share
(Basic)
-0.05 -0.2 -0.11 -0.31
Earnings/(Loss) Per Share
(Diluted)
-0.05 -0.2 -0.11 -0.31
Other Relevant Information

N/A

Filed on behalf by:
Name Jason Nalupta
Designation Corporate Information Officer