INQUIRER.net: Bloomberry turns profitable in the 2nd quarter

INQUIRER.net Philippine News for Filipinos

Bloomberry turns profitable in the 2nd quarter Jul 31st 2013, 02:55 MANILA, Philippines-Razon-led Bloomberry Resorts Corp., the first gaming firm to open its hub at Pagcor Entertainment City, turned profitable in the second quarter as gaming revenues gained ground.  Bloomberry, developer and operator of Solaire Resort & Casino, generated a net profit of P22.7 million during the quarter, a reversal of the P126.9 million net loss in the same time period last year.  In a disclosure to the Philippine Stock Exchange on Wednesday, Bloomberry said Solaire had generated P3.6 billion in total net revenue for the second quarter. Gross gaming revenues amounted to P3.89 billion while non-gaming revenues coming from the hotel, food and beverage, retail ... Keep on reading: Bloomberry turns profitable in the 2nd quarter Media files: Enrique-Razon-Jr..jpg (image/jpeg)

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