BELLE Corp.’s consolidated net income decreased to 18 percent to P2.18 billion in the first three quarters of 2019 from P2.66 billion in the same period last year, which was blamed on the temporary suspension of lottery operations in the country earlier this year.

In a disclosure on Friday, the listed property developer reported that its consolidated revenues dropped by 11 percent to P5.77 billion in January to September from P6.46 billion year-on-year.

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