Premium Leisure Corp\u2019s revenue grew 20.4 per cent when compared to the previous year.<\/p>\n\n\n\n\n\n\n\n
The Philippines.- Premium Leisure Corp (PLC) <\/strong>has shared its financial results for the year 2022. It’s reported consolidated revenues of PHP2.08bn (US$37.8m), up 20.4 per cent on year-on-year terms, and a consolidated net income of nearly PHP1.26bn, up 11.8 per cent.<\/p>\n\n\n\n Premium Leisure Corp\u2019s share of the gaming business at City of Dreams Manila (CoD)<\/strong> accounted for 75 per cent of its reported income at nearly PHP1.56bn. Its share was up 20.1 per cent from 2021. The company reported that it will declare a regular dividend of PHP0.05024 per share, which will be payable on March 28.<\/p>\n\n\n\n Belle Corp<\/strong>, its parent company, reported revenue of nearly PHP5.42bn for full-year 2022, a 58.5 per cent increase from the previous year. Net income rose 129.5 per cent year-on-year to PHP1.71bn. Belle’s board of directors approved a regular cash dividend of PHP0.06 per share, which will be payable on March 30.<\/p>\n","protected":false},"excerpt":{"rendered":" Premium Leisure Corp\u2019s revenue grew 20.4 per cent when compared to the previous year.<\/p>\n","protected":false},"author":176,"featured_media":17179,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Premium Leisure Corp reported a 20.4% year-on-year revenue increase to PHP2.08bn and an 11.8% rise in net income for 2022, largely driven by its gaming share at City of Dreams Manila. Its parent company, Belle Corp, also posted significant revenue and net income growth, with both entities declaring cash dividends.","focusai_entities":"Premium Leisure Corp, Belle Corp, City of Dreams Manila","focusai_location":"The Philippines","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.8), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"CoD Manila Contribution?","query":"What specific operational or market factors contributed to the 20.1% increase in Premium Leisure Corp's share of the gaming business at City of Dreams Manila, and how does this align with broader Philippine GGR trends?"},{"label":"Dividend Sustainability?","query":"Given the reported net income growth, what is the projected dividend payout ratio for Premium Leisure Corp and Belle Corp, and what are the governance frameworks ensuring long-term dividend sustainability amidst capital expenditure plans?"}],"footnotes":""},"categories":[163,16333],"tags":[],"class_list":["post-777002895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002895","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=777002895"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002895\/revisions"}],"predecessor-version":[{"id":777002914,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777002895\/revisions\/777002914"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17179"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777002895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777002895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777002895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}