CR05171-2020

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, 2020
2. SEC Identification Number
AS093-008809
3. BIR Tax Identification No.
003-865-392-000
4. Exact name of issuer as specified in its charter
PACIFIC ONLINE SYSTEMS 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
28/F East Tower, PSE Centre, Ortigas Center, Pasig City Postal Code 1605
8. Issuer's telephone number, including area code
632 8584-1700
9. Former name or former address, and former fiscal year, if changed since last report
Not Applicable
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 895,330,946
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.

Pacific Online Systems CorporationLOTO

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, 2020
Currency (indicate units, if applicable) Philippine Peso
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2020 Dec 31, 2019
Current Assets 676,765,244 864,695,033
Total Assets 1,253,789,757 1,712,829,429
Current Liabilities 163,595,292 360,318,424
Total Liabilities 208,855,553 399,410,077
Retained
Earnings/(Deficit)
715,643,782 855,178,424
Stockholders' Equity 1,044,934,204 1,313,419,353
Stockholders' Equity - Parent 1,040,387,838 1,308,075,910
Book Value per Share 1.24 1.55
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 14,362 264,960,365 180,122,614 558,763,086
Gross Expense 126,040,568 324,017,469 362,391,178 668,630,073
Non-Operating Income 382,423 11,680,099 40,593,943 46,313,104
Non-Operating Expense 9,401,848 2,167,521 22,260,945 3,127,023
Income/(Loss) Before Tax -135,045,632 -49,544,526 -163,935,565 -66,680,906
Income Tax Expense 0 7,455,255 0 9,656,471
Net Income/(Loss) After Tax -135,045,632 -56,999,781 -163,935,565 -76,337,377
Net Income Attributable to
Parent Equity Holder
-134,930,732 -56,143,967 -163,138,488 -75,493,015
Earnings/(Loss) Per Share
(Basic)
-0.16 -0.07 -0.19 -0.09
Earnings/(Loss) Per Share
(Diluted)
-0.16 -0.07 -0.19 -0.09
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) -0.19 -0.09
Earnings/(Loss) Per Share (Diluted) -0.19 -0.09
Other Relevant Information

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Filed on behalf by:
Name Virginia Abo-Hamda
Designation CFO/Senior Vice President