Bloomberry Resorts Corp., owner and operator of the Solaire Resort & Casino and Jeju Sun Hotel & Casino, swung to a P2.2-billion in profit for the first quarter, citing record VIP visits and “all-time high revenues.”
The Razon-led firm reported a “substantial P3.309-billion swing” from the P1.156-billion loss in the same period last year, with first-quarter net income nearly tripling the P732 million in profits recorded in the fourth quarter of 2016.
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