Waterfront Philippines swings to Q1 loss

Waterfront Philippines

Waterfront Philippines, which operates casinos in Manila, Cebu and Davao, swung to a loss of PHP1.5 million ($31,700) in the first quarter compared with a profit of PHP75.25 the year earlier as Covid-related closures and restrictions continued.

Revenue fell to PHP260.8 million from PHP459.2 million

Company statement