HIGH-END real estate and gaming firm Belle Corp. said operating revenues in the first half of the year more than doubled to P2.8 billion from P1.1 billion a year ago, but non-recurring items weighed on its bottom line.
The company said net income shrank to P836 million in the first half from P1.7 billion a year ago due to a “P1.2 billion reversal of provisions for probable losses by its Premium Leisure Corp. (PLC) subsidiary in 2014.”
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