Mabuhay Vinyl Corporation

08/15/2022 | Press release | Distributed by Public on 08/15/2022 03:00

Quarterly Report

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, 20222. SEC Identification Number PW000002163. BIR Tax Identification No. 000-164-009-0004. Exact name of issuer as specified in its charter Mabuhay Vinyl Corporation5. Province, country or other jurisdiction of incorporation or organization Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 22F The Salcedo Towers, 169, H.V. Dela Costa Street, Salcedo Village, Barangay Bel-Air, Makati CityPostal Code12278. Issuer's telephone number, including area code (632) 8817-89719. Former name or former address, and former fiscal year, if changed since last report 3rd Floor, Philamlife Building, 126 L.P. Leviste St., Salcedo Village, Makati City10. 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 661,309,398
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 Exchange12. 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.

Mabuhay Vinyl CorporationMVC

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, 2022
Currency (indicate units, if applicable) PHP, in Thousands
Balance Sheet
Period Ended Fiscal Year Ended (Audited)
Jun 30, 2022 Dec 31, 2021
Current Assets 2,704,295 2,315,131
Total Assets 3,868,340 3,452,415
Current Liabilities 525,836 233,677
Total Liabilities 705,693 418,128
Retained
Earnings/(Deficit)
1,931,664 1,803,484
Stockholders' Equity 3,162,647 3,034,287
Stockholders' Equity - Parent 3,154,122 3,025,942
Book Value per Share 4.77 4.58
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date Previous Year-To-Date
Gross Revenue 825,940 511,389 1,643,536 1,016,261
Gross Expense 713,728 412,653 1,388,149 806,626
Non-Operating Income 4,761 1,139 5,754 4,056
Non-Operating Expense 1,689 550 2,150 1,115
Income/(Loss) Before Tax 115,284 99,325 258,991 212,576
Income Tax Expense 28,511 24,652 64,500 52,759
Net Income/(Loss) After Tax 86,773 74,673 194,491 159,817
Net Income Attributable to
Parent Equity Holder
86,683 74,583 194,311 159,637
Earnings/(Loss) Per Share
(Basic)
0.13 0.11 0.29 0.24
Earnings/(Loss) Per Share
(Diluted)
0.13 0.11 0.29 0.24
Current Year (Trailing 12 months) Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 0.47 0.51
Earnings/(Loss) Per Share (Diluted) 0.47 0.51
Other Relevant Information

Please see attached MVC's SEC Form 17Q for the quarterly period ended 30 June 2022 as well as a notarized certification stating that the information contained therein are true and correct.

Filed on behalf by:
Name Ma. Melva Valdez
Designation Compliance Officer/Corporate Secretary