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                    [ArticleID] => 350743
                    [Title] => Waterfront Hotel chain profit surges 29 times in H1
                    [Summary] => 



The Gatchalian-controlled hotel chain Waterfront Philippines Inc. reported an unaudited net operating profit of P146 million in the first half this year or more than 29 times the previous level, driven by the aggressive expansion of its international and domestic distribution network.


In a statement, Waterfront said its revenues rose eight percent to P939 million from P871 million while gross operating profit grew 15 percent to P392 million from P341 million a year earlier.


                    [DatePublished] => 2006-08-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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MANILA PAVILLION HOTEL AND CASINO

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                    [ArticleID] => 350743
                    [Title] => Waterfront Hotel chain profit surges 29 times in H1
                    [Summary] => 



The Gatchalian-controlled hotel chain Waterfront Philippines Inc. reported an unaudited net operating profit of P146 million in the first half this year or more than 29 times the previous level, driven by the aggressive expansion of its international and domestic distribution network.


In a statement, Waterfront said its revenues rose eight percent to P939 million from P871 million while gross operating profit grew 15 percent to P392 million from P341 million a year earlier.


                    [DatePublished] => 2006-08-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [SectionUrl] => business
                    [URL] => 
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abtest

Waterfront Hotel chain profit surges 29 times in H1

By Zinnia B. Dela Peña | August 3, 2006 - 12:00am

The Gatchalian-controlled hotel chain Waterfront Philippines Inc. reported an unaudited net operating profit of P146 million in the first half this year or more than 29 times the previous level, driven by...

Business