Bloomberry slashes net loss to ₱470 million in first semester on cost cuts

Bloomberry swings to P470M H1 loss

MANILA, Philippines — Bloomberry Resorts Corp. reported a net loss in the first half of 2026 due to poor performance in its VIP and premium mass gaming segments. On Friday, Enrique Razon Jr.-led casino operator reported consolidated first-half net loss of P470.3 million from a P1.9-billion net income posted in the same period last year.  READ: Bloomberry swings to P125-M Q1 net loss The firm said one-off items also affected its bottom line in bo…

Bloomberry slashes net loss to ₱470 million in first semester on cost cuts

Bloomberry Resorts Corp., the casino and leisure operator controlled by trillionaire Enrique Razon Jr., narrowed its first-half net loss by 75 percent as cost reductions and lower interest expenses helped offset the absence of a large one-time accounting gain recorded a year earlier.In a disclosure to the Philippine Stock Exchange, Bloomberry said net loss for the six months through June dropped to ₱470.3 million from ₱1.9 billion in the same pe…