CR07797-2020

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
Sep 30, 2020
2. SEC Identification Number
AS93000023
3. BIR Tax Identification No.
003822183000
4. Exact name of issuer as specified in its charter
DISCOVERY WORLD CORPORATION
5. Province, country or other jurisdiction of incorporation or organization
STATION 1, BALABAG, MALAY AKLAN
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
STATION 1, BALABAG, MALAY AKLAN Postal Code 5608
8. Issuer's telephone number, including area code
8813-8857
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 664,000,000
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:
PHILIPPINE STOCK EXCHANGE
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.

Discovery World Corporation DWC

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, 2020
Currency (indicate units, if applicable) PHP
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Sep 30, 2020 Dec 31, 2019
Current Assets 283,827,618 398,835,394
Total Assets 5,012,243,269 4,967,146,089
Current Liabilities 2,481,357,598 2,309,587,043
Total Liabilities 4,111,364,306 3,863,960,246
Retained
Earnings/(Deficit)
-178,463,186 99,843,694
Stockholders' Equity 900,878,963 1,103,185,843
Stockholders' Equity - Parent 900,878,963 1,103,185,843
Book Value per Share 1.36 1.76
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 6,749,195 180,554,409 200,009,356 732,036,680
Gross Expense 102,263,976 206,129,332 396,257,035 670,926,618
Non-Operating Income 321,955 231,928 561,739 1,827,189
Non-Operating Expense 29,427,566 22,384,947 82,250,690 64,505,994
Income/(Loss) Before Tax -124,620,392 -47,727,942 -277,936,630 -1,568,743
Income Tax Expense 342,438 4,415,500 370,250 8,440,756
Net Income/(Loss) After Tax -124,962,830 -52,143,442 -278,306,880 -10,009,499
Net Income Attributable to
Parent Equity Holder
-124,962,830 -52,143,442 -278,306,880 -10,009,499
Earnings/(Loss) Per Share
(Basic)
-0.19 -0.08 -0.42 -0.01
Earnings/(Loss) Per Share
(Diluted)
-0.19 -0.08 -0.42 -0.01
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) -0.45 -0.07
Earnings/(Loss) Per Share (Diluted) -0.45 -0.07
Other Relevant Information

n/a

Filed on behalf by:
Name Charlie Ledesma
Designation Finance Manager/Compliance Manager