DigiPlus posts P10.11-B, 9-mo profit

MANILA, Philippines — DigiPlus Interactive Corp. sustained its earnings growth in the first nine months, hitting P10.11 billion.  

The 16-percent profit expansion was driven by the retail games segment, with new product offerings and operational efficiencies providing an added boost.

READ: DigiPlus taps Bayad Center as payment channel

Revenues in the January to September period also revved up by 30 percent to P66.83 billion from P51.56 billion.

However, the group saw weaker performance in the third quarter alone. Net income plunged 59 percent to P1.71 billion, following stricter policies against online gambling.

READ: To ban or regulate? Senate probes online gambling in PH

“This period demonstrates DigiPlus’ resilience amid temporary setbacks. Throughout this period, we continue to focus on digital innovation, player protection, and good governance,” chair Eusebio Tanco said in a disclosure Thursday. /rwd