Belle Corp Posts ₱524M Q1 Profit on Gaming, Property Growth

Belle Corporation reported a consolidated net income of ₱524 million for the three months ended March 31, 2026, up 13% from ₱462 million in the same period last year.

Belle Corporation reports higher first-quarter earnings driven by gaming and property income. (Photo: Belle Corporation)

The increase was supported by total revenues of ₱1.42 billion in the first quarter, a 9% rise from ₱1.30 billion in the comparable period in 2025, reflecting continued strength in the company’s core operations.

Belle’s share in gaming revenues from City of Dreams Manila, through its subsidiary Premium Leisure Corp. (PLC) and PLC’s wholly owned unit PremiumLeisure and Amusement, Inc., grew 12% to ₱486 million from ₱433 million a year earlier.

Revenues from land and building leases at City of Dreams Manila remained stable at ₱588 million.

Meanwhile, Belle’s real estate operations at Tagaytay Highlands posted a 57% increase in revenues to ₱143 million from ₱91 million in the same period last year.

Income from distribution utilities within the estate also rose 18% to ₱72 million, up from ₱61 million in 2025. Pacific Online Systems Corporation, which is 50.1%-owned by PLC, recorded stable revenues of ₱129 million for the quarter.