|
Philippines online gambling company revealing successful outcome in 2008
 April 16, 2009, 7:56 am (2 years ago)According to GMA News, PhilWeb Corporation, the listed Philippines’ Internet Company has revealed the profits in 2008 FY up by over a 3rd on the back of higher revenues.
The Corporation announced to the Philippine Stock Exchange that its outcome went up 31 % to P292 million on profits of P450 million, a growth of 68 %.
Dennis Valdes, president of PhilWeb, stated that the successful financial outcome by the group is due to the outstanding outcomes posted by the Philippine Amusement and Gaming Corp. e-Games Cafe network managed by the company.
“We finished 2008 with 121 cafes, a augmentation of 45 new cafes for the year. Obviously consumers are increasingly noticing our cafes as their number increases, and the about 20,000 players that play with us daily are satisfied with the gaming and entertainment products we provide,” explained Valdes.
Automatic Translation
|
Comments (0)
