Belle Corporation’s recurring net income increases 19% for nine months 2018

City of Dreams Manila

 

Belle Corporation’s recurring net income of Php 2.94 billion for the nine months ended September 30, 2018 was 19% higher than the Php 2.47 billion reached for the same period in 2017. Belle’s consolidated net income of Php 2.68 billion for the 2018 period was up only 1% compared to Php 2.65 billion achieved in the 2017 period, with the lower growth rate due mainly to one-time gains recorded in 2017 from sales of non-core investments and properties.