trending Market Intelligence /marketintelligence/en/news-insights/trending/kMpB3SCpTC1RcmxmEHJnrw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Leisure & Resorts World Q1 profit climbs 99.3% YOY


So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?


Industry Top Trends 2021: Oil and Gas


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Industry Top Trends 2021: Metals and Mining

Leisure & Resorts World Q1 profit climbs 99.3% YOY

Leisure & Resorts World Corp. said its first-quarter normalized net income was 12 Philippine centavos per share, a gain from 6 centavos per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 143.3 million pesos, an increase of 99.3% from 71.9 million pesos in the year-earlier period.

The normalized profit margin declined to 6.9% from 8.8% in the year-earlier period.

Total revenue grew 45.5% on an annual basis to 1.18 billion pesos from 813.1 million pesos, and total operating expenses climbed 41.9% from the prior-year period to 977.8 million pesos from 688.8 million pesos.

Reported net income rose year over year to 231.0 million pesos, or 19 centavos per share, from 100.6 million pesos, or 8 centavos per share.

As of May 18, US$1 was equivalent to 44.46 Philippine pesos.