Leisure estate and gaming firm Belle Corp. grew its net profit in the first six months by 11 percent year-on-year to P1.96 billion mostly on higher earnings from its stake in integrated gaming resort City of Dreams Manila.
Excluding capital gains from sale of noncore investments and extraordinary items, Belle’s recurring net income amounted to P2.08 billion for the six-month period, about 26 percent higher than the comparative recurring profit of P1.66 billion in 2017.