CR04337-2021

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
AS0948676
3. BIR Tax Identification No.
D8000397825NV
4. Exact name of issuer as specified in its charter
WATERFRONT PHILIPPINES, INC.
5. Province, country or other jurisdiction of incorporation or organization
METRO MANILA, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
NO. 1 WATERFRONT DRIVE, OFF SALINAS DRIVE, LAHUG, CEBU CITY Postal Code 6000
8. Issuer's telephone number, including area code
032-232-6888
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 2,498,991,753
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:
PSE
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.

Waterfront Philippines, IncorporatedWPI

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) PESO
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Mar 31, 2021 Dec 31, 2020
Current Assets 4,332,879,692 4,423,715,641
Total Assets 15,385,268,063 15,243,298,917
Current Liabilities 2,865,552,083 2,674,648,755
Total Liabilities 5,833,886,861 5,840,935,650
Retained
Earnings/(Deficit)
1,270,474,575 1,113,890,733
Stockholders' Equity 15,385,268,063 15,243,298,917
Stockholders' Equity - Parent 8,476,120,044 8,319,536,202
Book Value per Share 3.39 3.33
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 260,840,862 459,337,415 260,840,862 459,337,415
Gross Expense 272,874,453 396,147,000 272,874,453 396,147,000
Non-Operating Income 79,041,453 78,630,392 79,041,453 78,630,392
Non-Operating Expense 119,882,605 163,905,110 119,882,605 163,905,110
Income/(Loss) Before Tax -12,033,591 63,190,415 -12,033,591 63,190,415
Income Tax Expense 0 0 0 0
Net Income/(Loss) After Tax -12,033,591 63,190,415 -12,033,591 63,190,415
Net Income Attributable to
Parent Equity Holder
-1,526,930 75,245,124 -1,526,930 75,245,124
Earnings/(Loss) Per Share
(Basic)
-0 0.03 -0 0.03
Earnings/(Loss) Per Share
(Diluted)
-0 0.03 -0 0.03
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 0.77 0.15
Earnings/(Loss) Per Share (Diluted) 0.77 0.15
Other Relevant Information

-

Filed on behalf by:
Name Arsenio Alfiler, Jr.
Designation Assistant Corporate Secretary