Belle income down to P1.4B last year

BILYONARYO.COM

Belle Corp. reported a net income of P1.4 billion last year, lower than the P2.6 billion recorded in 2014.

The company told the Philippine Stock Exchange that operating revenues amounted to P5.2 billion while recurring net income reached P1.3 billion.

Belle executive vice president and chief financial officer Manuel Gana said revenues from the lease of the City of Dreams Manila property to Melco Crown Entertainment Ltd. (MCE) boosted Belle?s topline.