SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Nov 9, 2023

2. SEC Identification Number

CS200319138

3. BIR Tax Identification No.

227-409-243-000

4. Exact name of issuer as specified in its charter

ALLIANCE SELECT FOODS INTERNATIONAL, INC.

5. Province, country or other jurisdiction of incorporation

Pasig City, NCR, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Suite 3104A, West Tower, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig City Postal Code 1605

8. Issuer's telephone number, including area code

632-8637-8800

9. Former name or former address, 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 STOCK	2,499,712,463
Debt Outstanding (As of Dec. 31, 2022)	US$ 14,827,795

11. Indicate the item numbers reported herein

Item No. 9

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.

Alliance Select Foods International, Inc.FOOD

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Alliance Select Posts 65% Rise in Net Revenues for 9M2023
Background/Description of the Disclosure
Alliance Select Foods International Inc. (“ASFII” or the “Company,” PSE: FOOD) reported consolidated net revenues of USD 39 million for the first nine months of the year, higher by 65% over the same period last year. The sustained growth in gross revenues was largely due to higher selling prices and better sales of export tuna products. This partially offset the high cost of goods sold, which was mostly brought on by rising fish prices and input costs. Marketing and administrative expenses have gone up in lockstep with production growth. However, finance costs have increased due to the high interest rate environment, while forex losses came from the impact of currency translation. As a result, the company posted a consolidated net loss of USD 867 thousand in the first nine months, slightly higher than the USD 593 thousand net loss in the comparable period last year. However, Q4 projections are showing favorable trends for the business. ASFII President and CEO Jeoffrey P. Yulo said, “The improved productivity that is supporting our top-line growth gives us the right momentum. We are certain that the several projects we have in place will contribute to addressing the persistent market and economic issues. The execution of our operational and marketing strategy projects will remain our top priority.”
Other Relevant Information
Alliance Select Foods International Inc. is a publicly listed seafood company engaged in tuna processing serving over 30 countries worldwide. Please see attached SEC Form 17-C.