PROPERTY and casino operator Belle Corp. said consolidated net income in the first quarter of 2018 grew 10 percent to P857 million from P783 million a year ago on strong gaming revenues and real estate related income.

In a disclosure on Monday, Belle said recurring net income—excluding capital gains from sales of non-core investments and extraordinary items—rose 17 percent to P888 million from P759 million in the same period last year.

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