Author name: JACQUELINE SOLQUIO

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Belle achieves steady first quarter results, profit up by 13%

Philippines, 27 April 2026 – Belle Corporation (Belle or the Company) realized consolidated net income of Php524 million for the three months ended March 31, 2026, which was 13% higher than its consolidated net income of Php 462 million for the comparable period. This was on the back of total revenues of Php1.42 billion in the first quarter of 2026, which was up by 9% from Php1.30 billion posted over the same period in 2025. Belle’s core operations during the first quarter of 2026 remained strong. The Company’s share in the gaming revenues at City of Dreams Manila through subsidiary Premium Leisure Corp.’s (PLC) wholly owned PremiumLeisure and Amusement, Inc. increased by 12% to Php486 million in the first quarter of 2026 from Php 433 million in the first quarter of 2025, while its revenues for the land and building lease of City of Dreams Manila was stable at Php588 million. Revenues of Belle from its real estate operations in Tagaytay Highlands also came in higher by 57% to Php143 million in the first quarter of 2026 compared to Php91 million in 2025, while revenues from distribution utilities at the estate were likewise up by 18% to Php72 million in 2026 from Php61 million over the same period in 2025.  Pacific Online Systems Corporation, which is 50.1%-owned by PLC, also posted stable revenues of Php129 million for the three months ended March 31, 2026. About Belle Corporation Belle Corporation is a developer of tourism and leisure destinations in the Philippines. Its principal asset is the City of Dreams Manila in PAGCOR Entertainment City by Manila Bay, which is being leased on a long-term basis to Melco Resorts and Entertainment (Philippines) Corporation (Melco). In addition to lease income, Belle is accorded a share in revenues or earnings from City of Dreams Manila’s gaming operations through the operating agreement between its over 99% owned subsidiary, Premium Leisure Corp., and Melco. Belle also owns approximately one hectare of presently undeveloped land across from the City of Dreams Manila site. South of Metro Manila, Belle owns significant real estate assets and develops premium residential resort projects around Tagaytay City. Among its exclusive destinations are the club and golf facilities and residential communities of Tagaytay Highlands and Tagaytay Midlands, as well as a further 800 hectares intended for future development.

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Belle Group wins 3 governance Golden Arrow Awards

Belle Corporation (Belle), affiliate APC Group, Inc. and subsidiary Pacific Online Systems Corporation (POSC) won golden arrows anew for being top performing companies in the Philippines under the ASEAN Corporate Governance Scorecard (ACGS) on October 23, 2025 at Okada Manila. Belle received the prestigious four golden arrow award after obtaining a high ACGS score, while APC and POSC were recipients of the three-arrow and two-arrow accolades, respectively. The Golden Arrow Awards, which has been organized by the Institute of Corporate Directors since 2019, has five levels of top performance in corporate governance based on a tiered scoring system with increasing number of golden arrows. According to the ICD, the upward-pointing arrows “symbolize the continuing efforts of publicly listed companies to raise the level of compliance with the ASEAN corporate governance principles.”

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Belle, Pacific Online volunteers support annual coastal cleanup

Philippines, 30 September 2025 – Volunteers and sustainability champions from Belle Corporation (Belle) and subsidiaries Pacific Online Systems Corporation and PremiumLeisure & Amusement, Inc. joined this year’s activities commemorating the International Coastal Cleanup 2025, a global effort to rehabilitate the oceans.The volunteers spent hours consolidating ocean debris and contributing to the total haul of over 200,000 kilograms of waste during the event, which was held on September 20, 2025 at SM by the BAY and across 27 SM Malls nationwide. The Belle Group contingent comprised of 23 employee volunteers collected 20 sacks of garbage weighing over 100 kilograms. The Group was among the many corporates, local government units, non-government organizations and academic institutions nationwide who led the cleanliness and awareness compaign, and joined hundreds more worldwide.Belle is a strong advocate of environmental preservation and healthy oceans and waterways.

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Belle Group champions volunteerism at Brigada Eskwela 2025

Volunteers from the Belle Group, led by Belle Corporation President and CEO Armin Raquel Santos (front row, seventh from left), beam with pride after completing school refurbishment work during Brigada Eskwela 2025 at Dau Elementary School in Mabalacat City, Pampanga. The Belle Group recently reaffirmed its commitment to volunteerism and community service by actively participating in the Brigada Eskwela 2025, the Department of Education’s annual initiative to prepare public schools for the new academic year. Undeterred by heavy rains, employee volunteers from Belle Corporation (Belle), Premium Leisure Corp., PremiumLeisure & Amusement, Inc., and Pacific Online Systems Corporation rolled up their sleeves for a two-day volunteer effort in Mabalacat City, Pampanga. On June 10, Belle President and CEO Armin Raquel Santos personally led volunteers at Dau Elementary School, where the team cleaned, repainted hallways, and improved facilities to create a more inspiring and welcoming environment for students. “Supporting education is one of the most meaningful ways we can serve our communities. It’s a responsibility we embrace with heart,” said Mr. Raquel Santos, who also joined in painting the school’s walls. School Principal Jayson Ryan De Leon thanked the Belle Group for its hands-on support and advocacy for accessible, quality education—values championed through its Belle Kaagapay social responsibility program. On June 11, a second team of volunteers brought the same spirit of bayanihan to Duquit Elementary School, where they donated materials, painted classrooms, and helped pave parts of the school grounds identified by School Head Lily Ann Lacanlale as a critical improvement area. Prior to the activities, Belle Kaagapay coordinators worked closely with both schools to assess their most urgent needs for the upcoming school year. The Belle Group continues its commitment to be a compassionate and responsible corporate citizen, one that believes in empowering future generations through shared action, meaningful partnerships, and a strong advocacy towards inclusive development. Mr. Raquel Santos leads by example and paints a wall during day one of Brigada Eskwela activities at Dau Elementary School. Belle’s Brigada Eskwela volunteers Belle and Pacific Online volunteers take part in day two of Brigada Eskwela activities in Duquit Elementary School in Mabalacat City, Pampanga. Brigada Eskwela female volunteers mix cement and help pave the school grounds.