Tuesday, May 20, 2025

Bloomberry pares down losses

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Bloomberry Resorts Corp. pared down its losses in the first half of 2021 to P1.9 billion, an improvement compared to net loss of P3.3 billion in the first half of 2020.

The company reported revenues of P10.3 billion in the first semester, flat from P10.4 billion a year ago.

Earnings before interest, taxes, depreciation and amortization stood at P2.5 billion compared with P1.5 billion last year, a 63 percent increase.

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Gross gaming revenue amounted to P12.6 billion, representing a decline of 3 percent from P13 billion in the first half of 2020.

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