Leisure estate and gaming firm Belle Corp. grew its net profit last year by 13 percent to P3.5 billion, so far the highest in its history, on larger gaming windfall from integrated resort City of Dreams Manila and robust real estate businesses.
Excluding capital gains on sales of noncore investments and extraordinary items, Belle’s recurring net income of P3.3 billion for 2017 was 58 percent higher than the core profit in the previous year.