Belle Corp.’s attributable profit expanded by 10% in the three months ending June, driven by higher earnings of the City of Dreams Manila.
In a regulatory filing, the listed firm said net income attributable to equity holders of the parent reached P919 million in the second quarter of the year, higher than the P834 million it generated in the same period a year ago. Revenues for the second quarter meanwhile grew by 17% to P2.5 billion
This brought the company’s attributable profit for the first half of the year to P1.6 billion, 10% higher year-on-year, supported by a 9.6% increase in revenues to P4.52 billion. — Arra B. Francia