Belle nets P3.5B

Leisure estate and gaming group Belle Corp. grew its net profit last year by 13 percent to P3.5 billion, the highest in its history, on strong earnings from its gaming and real estate businesses. Excluding capital gains on sales of non-core investments and extraordinary items, Belle's recurring net income of P3.3 billion for 2017 was 58 percent higher than the core profit in the previous year. Consolidated revenues of P8 billion last year were up by 27 percent. This record performance was attributed primarily to growth in gaming revenues. Through its subsidiary Premium Leisure Corp. (PLC), Belle reported a 59-percent increase in its share of gaming earnings from integrated g...Keep on reading: Belle nets P3.5B

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