+ Follow BELLE BAY PLAZA Tag
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[ArticleID] => 183944
[Title] => Belle sustains income growth
[Summary] => Leisure property developer Belle Corp. sustained the growth in its net income as profits amounted to P93.21 million in the third quarter this year compared with the P53.64-million net loss incurred in the same quarter last year.
Belle attributed the turnaround in its financial performance to net capital gains from the spin-off and sale of its majority interest in Highlands Prime Inc., amounting to P1.4 billion.
[DatePublished] => 2002-11-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[SectionName] => Business
[SectionUrl] => business
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[ArticleID] => 159602
[Title] => Belle reports P2.8-B loss in 2001
[Summary] => Property developer Belle Corp. continues to suffer from huge losses as a result of interest expenses and loss provisions from its investee companies, documents submitted to the Securities and Exchange Commission showed.
From a consolidated net loss of P3.04 billion in 2002, Belle reported a net loss of P2.79 billion last year, "arising predominantly from interest expense of P802.4 million and P1.534 billion in equitized losses and loss provisions attributable to Belle’s investee companies, primarily APC Group."
[DatePublished] => 2002-05-04 00:00:00
[ColumnID] => 133272
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[SectionName] => Business
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BELLE BAY PLAZA
Array
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[results] => Array
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[0] => Array
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[ArticleID] => 183944
[Title] => Belle sustains income growth
[Summary] => Leisure property developer Belle Corp. sustained the growth in its net income as profits amounted to P93.21 million in the third quarter this year compared with the P53.64-million net loss incurred in the same quarter last year.
Belle attributed the turnaround in its financial performance to net capital gains from the spin-off and sale of its majority interest in Highlands Prime Inc., amounting to P1.4 billion.
[DatePublished] => 2002-11-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 159602
[Title] => Belle reports P2.8-B loss in 2001
[Summary] => Property developer Belle Corp. continues to suffer from huge losses as a result of interest expenses and loss provisions from its investee companies, documents submitted to the Securities and Exchange Commission showed.
From a consolidated net loss of P3.04 billion in 2002, Belle reported a net loss of P2.79 billion last year, "arising predominantly from interest expense of P802.4 million and P1.534 billion in equitized losses and loss provisions attributable to Belle’s investee companies, primarily APC Group."
[DatePublished] => 2002-05-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
November 14, 2002 - 12:00am
