Sabado, Agosto 13, 2016

Bloom is back to Winning Ways

Did you buy Bloom yesterday?

Current Resistance is 6.32

Second resistance of 6.71

Support at 5.55

Philippines-based Bloomberry Resorts Corp, owner and operator of the Solaire Resort and Casino (pictured) in Manila, reported a profit of approximately PHP1.33 billion (US$28.5 million) in its unaudited results for the three months to June 30, compared to a loss of PHP773.5 million in the prior-year period.

The company said it had basic and diluted earnings of PHP0.122 per share for the quarter, compared to a loss per share of PHP0.070 in the prior-year period.

Gaming revenue for the second quarter rose 42.6 percent, to just over PHP7.81 billion, compared to nearly PHP5.48 billion in the same quarter of 2015. It accounted for 93.4 percent of the firm’s total revenue in the three months to June 30, at PHP8.37 billion.

Operating costs and expenses fell slightly year-on-year in the quarter, by 1.8 percent, to just over PHP5.51 billion, versus PHP5.61 billion in the April to June period last year.

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