Manila under the lowest level of Covid-19 countermeasures<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Belle Corp has reported that full-year 2021 revenue was up 104.7 per cent year-on-year to PHP1.30bn (US$24.9m).<\/p>\n","protected":false},"author":176,"featured_media":17907,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Belle Corp reported a 104.7% year-on-year revenue increase to PHP1.30bn for 2021, primarily from improved operations at City of Dreams Manila, where it serves as a co-licensee. Despite this operational uplift, overall group revenue declined 18% to PHP3.42bn, and net income fell 16.4% to PHP745.2m, largely due to a 69.7% reduction in real estate leasing revenue from the integrated resort. The gaming vertical's contribution to group revenue notably increased to 38%.","focusai_entities":"Belle Corp, City of Dreams Manila, Melco Resorts","focusai_location":"Philippines, Manila","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Belle Corp's Gaming Strategy","query":"What is Belle Corp's long-term strategy for increasing its direct gaming revenue contribution relative to its real estate leasing income from City of Dreams Manila, particularly given the significant drop in the latter?"},{"label":"Market Recovery Outlook","query":"How does the full operational capacity of City of Dreams Manila, combined with the reported financial performance, position Belle Corp for sustained growth in the Philippine integrated resort market in 2022 and beyond, especially concerning GGR and NGR projections?"}],"footnotes":""},"categories":[157,16333],"tags":[23326,19841],"class_list":["post-28161","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news","tag-belle-corp","tag-city-of-dreams-manila"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=28161"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28161\/revisions"}],"predecessor-version":[{"id":28186,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/28161\/revisions\/28186"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17907"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=28161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=28161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=28161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}