The electronic gaming outlet service provider’s gross revenue was up 4.8 per cent year-on-year.
The Philippines.- PhilWeb Corporation has reported net profit of PHP224,929 (U$3,950) for the second quarter of the year. That compares to a net loss of PHP5.26m (US$92,356) for Q2 last year.
Gross revenue was up 4.8 per cent year-on-year to PHP208.89m (US$3.66m) mainly due to a reduction in gross expenses, which fell by 1.5 per cent to PHP193.84m (US$3.40m). The company’s balance sheet showed a slight decrease in current assets to PHP208.94m (US$3.66m) and reduction in total liabilities to PHP661.03m (US$11.6m).
The company posted positive income before tax of PHP10.45m (US$183,384). For the first half of the year, gross revenue grew by 2.6 per cent to PHP414.15m (US$7.27m). PhilWeb operates 86 PAGCOR licenced video game cafes. On March 23, 2021, the company received approval to operate its Remote Gaming Platform (RGP).
The electronic gaming outlet service provider’s gross revenue was up 4.8 per cent year-on-year. The Philippines.- PhilWeb Corporation has reported net profit of PHP224,929 (U$3,950) for the second quarter of the…
Participe da IGI Expo 2026: https://igi-expo.com/
O iGaming & Gaming International Expo - IGI, é um evento inovador criado para reunir empresas e empreendedores, profissionais, investidores, dos setores de iGaming e jogos. Com foco total em networking, exposição e feira de negócios. Além de ser uma fonte inigualável de informações sobre as tendências e o futuro das indústrias nos próximos anos.
📢 Receba em primeira mão notícias relevantes e fique por dentro dos principais assuntos sobre Igaming e Esportes no Brasil e o mundo. Siga no Whatsapp!
...
