PLC profit jumps 83% on strong revenues from City of Dreams

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Casinos soon under dirty-money watch
FILE photo of the City of Dreams Manila

Premium Leisure Corp. (PLC) grew its attributable profit by 83% in 2017, fueled by stronger gaming revenues from City of Dreams Manila.

In a regulatory filing, the gaming and leisure firm of country’s richest man Henry Sy, Sr said its net income attributable to the parent stood at P1.76 billion last year, higher than the P959.85 million it posted in 2016. — Arra B. Francia