Philex Mining Corporation

11/08/2024 | Press release | Distributed by Public on 11/08/2024 00:13

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 Sep 30, 20242. SEC Identification Number 100443. BIR Tax Identification No. 0002837310004. Exact name of issuer as specified in its charter PHILEX MINING CORPORATION5. Province, country or other jurisdiction of incorporation or organization Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 2nd Floor Launchpad, Reliance Street cor. Sheridan Street, Mandaluyong City Postal Code 15508. Issuer's telephone number, including area code +632863113819. Former name or former address, and former fiscal year, if changed since last report n/a10. 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 5,782,399,068
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.

Philex Mining CorporationPX

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, 2024
Currency (indicate units, if applicable) PHP'000
Balance Sheet
Period Ended Fiscal Year Ended (Audited)
Sep 30, 2024 Dec 31, 2023
Current Assets 8,964,694 6,202,519
Total Assets 52,643,596 45,411,342
Current Liabilities 6,088,409 4,919,276
Total Liabilities 20,421,193 13,723,144
Retained
Earnings/(Deficit)
20,307,592 19,787,207
Stockholders' Equity 32,222,403 31,688,198
Stockholders' Equity - Parent 32,222,700 31,688,496
Book Value per Share 5.57 5.48
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date Previous Year-To-Date
Gross Revenue 2,124,959 1,801,675 6,098,694 5,958,141
Gross Expense 1,889,975 1,634,007 5,358,315 4,971,655
Non-Operating Income 234,984 167,668 740,379 986,486
Non-Operating Expense 107,666 -8,516 -44,755 23,541
Income/(Loss) Before Tax 342,651 159,152 695,624 1,010,027
Income Tax Expense 36,053 19,312 59,593 166,051
Net Income/(Loss) After Tax 306,598 139,840 636,031 843,976
Net Income Attributable to
Parent Equity Holder
306,598 139,840 636,031 843,976
Earnings/(Loss) Per Share
(Basic)
0.05 0.02 0.11 0.15
Earnings/(Loss) Per Share
(Diluted)
0.05 0.02 0.11 0.15
Current Year (Trailing 12 months) Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) 0.18 0.34
Earnings/(Loss) Per Share (Diluted) 0.18 0.34
Other Relevant Information

N/a

Filed on behalf by:
Name Paraluman Navarro
Designation AVP Finance