Bloomberry Resorts Corp., the listed developer and operator of Solaire Resort & Casino and South Korea-based Jeju Sun Hotel & Casino, has “returned to profitability” in the first half of the year, recording a P174-million net income compared to the P1.32 billion net losses posted the same time last year.
In a disclosure to the Philippine Stock Exchange, the company said its January to June revenues increased by 14 percent to P14.11 billion from P12.32 billion the same period in 2015 due to the “all time high” records of both its gaming and non-gaming revenues, as well as its VIP volume.
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