Saturday, August 18, 2012

Lottery sales raise Pacific Online Systems H1 net income to P201M


Lottery sales raise Pacific Online Systems H1 net income to P201M
August 17, 2012 3:22pm

Deploying more Lotto and Keno machines across the country grew Pacific Online Systems Corp.’s net income to P201 million in the first six months of the year, up a modest 2.18 percent from P196.7 million a year earlier.

Operating income went up 11 percent to P265.8 million from P239.7 million, the lottery company whose shares are traded on the Philippine Stock Exchange said in a statement released Friday.

Total revenues reached P755.3 million, up 10 percent from P685.5 million.

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