'The decrease in bottom line is mainly attributed to lower revenues from the gaming business units,' Belle said its quarterly report filed last week.The company reported nine-month consolidated revenues of P4.1 billion, down 5 percent last year's P4.3 billion.Revenue from real estate operations rose 10 percent year-on-year to P2.2 billion, with property management operations at the Tagaytay Highlands complex, its legacy asset south of Manila, contributing P464.
74 billion, up 6 percent from P1.5 billion last year.PLC last June acquired Premium Leisure and Amusement Inc. and a 50.1 percent stake in Pacific Online Systems Corp. from PLC's parent company, Belle.POSC, which leases online betting equipment to the Philippine Charity Sweepstakes Office through its 50-percent owned joint venture PinoyLotto Technologies Corp., also reported lower nine-month revenues of P398 million from P502.4 million a year ago.
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