Leisure & Resorts World Corp. (LRWC) grew its first-semester profit by 50 percent to P454 million on the back mainly of robust growths of online and retail businesses despite the downtrend in the gaming sector.

In a statement, LRWC said the net income of online division rose by 43 percent to P254 million in January to June, with First Cagayan Leisure and Resorts Corp. contributing the bulk of the earnings.

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