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

Mar 31, 2021

2. SEC Identification Number

A200110402

3. BIR Tax Identification No.

213-054-503-000

4. Exact name of issuer as specified in its charter

SBS PHILIPPINES CORPORATION

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

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

10 RESTHAVEN STREET, SAN FRANCISCO DEL MONTE, QUEZON CITY Postal Code 1105

8. Issuer's telephone number, including area code

(632) 8371-1111

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	1,549,999,999

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.

SBS Philippines CorporationSBS

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	Mar 31, 2021
Currency (indicate units, if applicable)	Philippine Peso

Balance Sheet

	Period Ended	Fiscal Year Ended (Audited)
	Mar 31, 2021	Dec 31, 2020
Current Assets	2,282,686,025	2,516,019,151
Total Assets	8,513,786,298	8,770,487,935
Current Liabilities	1,973,682,810	2,043,901,411
Total Liabilities	2,158,318,799	2,394,182,089
Retained Earnings/(Deficit)	1,780,547,870	1,796,420,126
Stockholders' Equity	6,355,467,499	6,376,305,846
Stockholders' Equity - Parent	5,573,342,076	5,589,214,332
Book Value per Share	3.6	3.61

Income Statement

	Current Year (3 Months)	Previous Year (3 Months)	Current Year-To-Date	Previous Year-To-Date
Gross Revenue	183,931,776	284,320,113	183,931,776	284,320,113
Gross Expense	150,128,882	242,197,955	150,128,882	242,197,955
Non-Operating Income	0	0	0	0
Non-Operating Expense	50,240,835	29,864,512	50,240,835	29,864,512
Income/(Loss) Before Tax	-16,437,941	12,257,646	-16,437,941	12,257,646
Income Tax Expense	-4,607	2,386,658	-4,607	2,386,658
Net Income/(Loss) After Tax	-20,838,347	6,389,501	-20,838,347	6,389,501
Net Income Attributable to Parent Equity Holder	-15,872,256	11,420,898	-15,872,256	11,420,898
Earnings/(Loss) Per Share (Basic)	-0.01	0.01	-0.01	0.01
Earnings/(Loss) Per Share (Diluted)	-0.01	0.01	-0.01	0.01

	Current Year (Trailing 12 months)	Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic)	0.44	0.01
Earnings/(Loss) Per Share (Diluted)	0.44	0.01

Other Relevant Information

The Net Loss After Tax for the period ended March 31, 2021 of Php 20,838,347, is inclusive of the Net Loss from continuing operations of Php 16,433,334 and the Net Loss after tax from discontinued operations amounting to Php 4,405,013. The Net Income After Tax for the period ended March 31, 2020 of Php 6,389,501 is inclusive of the Net Profit from continuing operations of Php 9,870,988 and the Net Loss after tax from discontinued operations amounting to Php 3,481,487. Earnings Per Share (Basic and Diluted) is based on the Net Profit for the period attributable to Shareholders of SBS Philippines Corporation (the Parent Company), divided by the total number of outstanding shares.