The company posted a consolidated revenue of PHP2.94bn (US$52.5m).<\/p>\n\n\n\n\n\n\n\n
The Philippines.-\u00a0Premium Leisure Corp<\/strong>, the operator of City of Dreams Manila, has shared its financial results for the year 2023. Revenue was up 41 per cent year-on-year to PHP2.33bn (US$41.6m). Net income was PHP2.33bn (US$41.6m), up 85 per cent.<\/p>\n\n\n\n The company\u2019s gaming revenue share through its wholly owned subsidiary Premium Leisure & Amusement was up 50 per cent year-on-year at PHP2.33m (US$41.8m) due to enhanced mass and VIP operations at City of Dreams Manila.\u00a0Meanwhile, Premium Leisure Corp\u2019s online subsidiary,\u00a0Pacific Online Systems Corp<\/strong>, achieved net income of PHP275m in 2023, up 44 per cent.<\/p>\n\n\n\n The operating EBITDA PLC for 2023 was PHP2.25bn (US$40m), up 59 per cent over the previous year’s PHP1.41bn.<\/p>\n","protected":false},"excerpt":{"rendered":" The company posted a consolidated revenue of PHP2.94bn (US$52.5m).<\/p>\n","protected":false},"author":176,"featured_media":6731,"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, operator of City of Dreams Manila, reported robust financial results for 2023, with consolidated revenue reaching PHP2.94bn (US$52.5m). The company saw a 41% year-on-year increase in revenue and an 85% rise in net income, driven by enhanced mass and VIP gaming operations. Its online subsidiary, Pacific Online Systems Corp, also posted a 44% increase in net income.","focusai_entities":"Premium Leisure Corp, City of Dreams Manila, Premium Leisure & Amusement, Pacific Online Systems Corp","focusai_location":"Philippines, Manila","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Operational Growth Drivers","query":"What specific strategic initiatives and capital allocations underpinned the 50% year-on-year growth in gaming revenue share, particularly across the mass and VIP segments at City of Dreams Manila?"},{"label":"Online Subsidiary Strategy","query":"How does Pacific Online Systems Corp's 44% net income growth align with Premium Leisure Corp's broader digital expansion strategy, and what are the future synergies anticipated between the land-based and online verticals?"}],"footnotes":""},"categories":[157,16333],"tags":[24385],"class_list":["post-777013648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news","tag-premium-leisure-corp"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013648","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=777013648"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013648\/revisions"}],"predecessor-version":[{"id":777013666,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013648\/revisions\/777013666"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/6731"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777013648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777013648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777013648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}