Date:
2024-03-04
PLC grew its consolidated revenues of Php2,941 million for the year ended 2023, up by 41% from Php2,080 million achieved in 2022. PLC’s strong topline resulted in a consolidated net income of Php2,324 million in 2023, an 85% increase over 2022’s Php1,256 million.
The Company’s gaming revenue share through its wholly owned subsidiary PremiumLeisure & Amusement, Inc. jumped by 50% to Php2,339 million in 2023 from Php1,561 million in 2022 due to significantly enhanced mass and VIP operations at City of Dreams Manila.
Meanwhile, Pacific Online Systems Corporation, PLC’s majority owned subsidiary, also delivered solid results, achieving a net income of Php275 million in 2023, 44% higher than 2022’s Php191 million.