Jackson T. Ongsip<\/strong>, president and CEO of Belle Corp, said: “As we continue to serve and make the finer things within reach for our customers, we are confident of our company\u2019s ability to thrive and flourish despite the challenges and create value that our stakeholders and shareholders expect in the years and decades to come. <\/p>\n\n\n\n“Fifty years of Belle Corporation was achieved due to the board\u2019s leadership and vision, Management\u2019s proactive approach and dedication, hard work and diligence of our staff, and our loyal and supportive shareholders.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Full-year 2023 revenue was up 3 per cent year-on-year.<\/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, a co-licensee of City of Dreams Manila, reported a 3% year-on-year revenue increase to PHP5.6bn and a 32% net income rise to PHP2.4bn for FY2023, driven by the recovering integrated resort sector and its partnership with Melco Resorts. Gaming revenue surged 50%, reflecting improvements in both mass and VIP segments amidst growing tourism and market competition. Separately, Pacific Online Systems Corporation, a lottery equipment lessor, saw its revenue climb 15%.","focusai_entities":"Belle Corp, City of Dreams in Manila, Melco Resorts and Entertainment Corporation, Pacific Online Systems Corporation, Philippine Charity Sweepstakes Office, Jackson T. Ongsip","focusai_location":"Philippines, Manila, Entertainment City Manila","focusai_target_profile":"ceo_executive (0.9), regulator (0.75), compliance_legal (0.7), operator_casino (0.95), investor_analyst (0.98), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"CODM Segment Growth?","query":"What specific strategies did City of Dreams Manila implement to achieve improvements in both mass and VIP segments, and how sustainable are these growth drivers amidst increasing competition in Entertainment City Manila?"},{"label":"Lottery Sector Outlook?","query":"Given Pacific Online's revenue growth, what is the projected outlook for the Philippine lottery sector, and what potential regulatory or technological shifts could impact its B2B equipment and systems leasing model?"}],"footnotes":""},"categories":[163,16333],"tags":[23326],"class_list":["post-777014760","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news","tag-belle-corp"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014760","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=777014760"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014760\/revisions"}],"predecessor-version":[{"id":777014789,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014760\/revisions\/777014789"}],"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=777014760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777014760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777014760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}