Bloomberry H1 profit soars on higher Solaire revenues

Resorts operator Bloomberry Resorts Corp. said it saw a surge in net profit in the first six months of the year, with unit Solaire Resort and Casino generating hefty revenues.

Net profit by mid-year has hit P2.982 billion, reversing a loss of P1 billion incurred in the corresponding period in 2013, while revenue has expanded to P11.426 billion from P4.139 billion in 2013.