MANILA - Belle Corp. said on Tuesday its consolidated net income grew 64 percent in the first nine months of the year on the back of gaming income from City of Dreams Manila.

The company said its net income jumped to P1.9 billion in the January to September period from the P1.1 billion posted in the same period last year.

"The company’s operating growth in 2016 was fueled primarily by growth in its share in the gaming income of City of Dreams Manila, through its 78.7 percent-owned subsidiary, Premium Leisure Corp.," Belle told the stock exchange.

Premium Leisure Corp.'s gaming income share for the first nine months of the year doubled to P1.1 billion from P554 million in the same period last year, the company said.

"This was attributable to the ramp-up in gaming operations of City of Dreams Manila, which held its grand opening in February 2015," it added.

Belle shares were up 0.32 percent to P3.12 on Monday.

Source: http://news.abs-cbn.com/business/11/08/16/belle-corp-says-9-month-net-income-up-64-pct