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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 appoints Board of Directors for 2026-2027

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’s 2025 Integrated Report: Building Value, Making an Impact now available

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 Corporation | 2025 results

  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 Corporation | third quarter 2025 results

  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 promotes environmental sustainability at Tagaytay Highlands

Philippines, 23 September 2025 – Volunteers composed of department heads from from Belle Corporation (Belle) and Pacific Online Systems Corporation recently partnered with Greenmist Property Management Corporation’s property managers, gardeners and volunteers in a Tagaytay Highlands tree-planting activity and re-affirmed the Company’s strong commitment towards environmental preservation and community resilience. All volunteers planted a total of 70 saplings comprised of banaba, bagras and talisay specie on September 19, 2025 at The Grove at Plantation Hills, Belle’s eco-farming community that promotes a farm-to-table lifestyle at the comfort of one’s own home.  This initiative was part of the One Tree at a Time program, a joint effort of stakeholders in Tagaytay Highlands that aims to plant one million trees in the sprawling estate by 2044, as envisioned by its Founder, Mr. Willy N. Ocier.

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Belle Corporation | first half 2025 results

  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.