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Thursday, August 14, 2014 11:26:18 AM
ELRA
is going to be a BLOCKBUSTER!!!
The groups quarterly net income was PHP 846.6 million ($19.3 million) for the period ending June 30, 2014. This represents a huge 3,730-percent increase from their quarterly earnings a year earlier of PHP 22.7 million ($519,000).
Even more dramatic was the casino operators growth in the half year. The group's Jan. 1 to June 30, 2014 net income was PHP 2.3 billion — a huge reversal of fortune from the PHP 1.0 billion loss for the same period in 2013. And then, Solaire's revenue continues to grow, posting PHP 6.5 billion in the first half of 2014 or a 66-percent growth from 2013. Not surprisingly, gross gaming revenue comprised of 95
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