TAGAYTAY GREENLANDS

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                    [ArticleID] => 226286
                    [Title] => Belle Corp income slumps 58% to P219.8M in 9 mos
                    [Summary] => Leisure property developer Belle Corp. reported a net income of P219.82 million in the first nine months of the year, 58 percent lower than the previous year’s level of P520.5 million.


In its financial report filed with the Securities and Exchange Commission, Belle said the higher net income for 2002 is attributable to net capital gains from the spin-off and sale of its majority interest in Highlands Prime Inc., amounting to P1.4 billion.


Belle raised P2.8 billion in gross proceeds from the spin-off and sale of HPI shares in April 2002.


                    [DatePublished] => 2003-11-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 208912
                    [Title] => Belle Corp branches out into farmland development
                    [Summary] => Property and gaming firm Belle Corp. is branching out into agricultural farmland development in an effort to improve its cashflow operations. 


Documents filed at the Securities and Exchange Commission showed Belle is now in the initial stages of building a farm lot subdivision within a large tract of land near the Tagaytay Midlands complex, generally known as the Tagaytay Greenlands.


The project is envisioned to tap into the niche market of both the professional grower and the lifestyle farmer.


                    [DatePublished] => 2003-06-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 206046
                    [Title] => Belle Corp turns around with P163-M income in first quarter
                    [Summary] => Property developer Belle Corp. reported a turnaround in its financial performance during the first three months of the year as it posted a net income of P163.39 million from a net loss of P259 million during the same period a year ago.


Belle said the marked improvement resulted mainly from a decrease of P113.3 million in financial charges and P251 million in gains from the repurchase of $6.7 million in the principal amount of its floating rate notes at substantial discounts.


                    [DatePublished] => 2003-05-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

Belle Corp income slumps 58% to P219.8M in 9 mos

By Zinnia B. Dela Peña | November 1, 2003 - 12:00am

Leisure property developer Belle Corp. reported a net income of P219.82 million in the first nine months of the year, 58 percent lower than the previous year’s level of P520.5 million. In its financial report...

Business

Belle Corp branches out into farmland development

By Zinnia B. Dela Peña | June 5, 2003 - 12:00am

Property and gaming firm Belle Corp. is branching out into agricultural farmland development in an effort to improve its cashflow operations. Documents filed at the Securities and Exchange Commission showed Belle...

Business

Belle Corp turns around with P163-M income in first quarter

By Zinnia B. Dela Peña | May 14, 2003 - 12:00am

Property developer Belle Corp. reported a turnaround in its financial performance during the first three months of the year as it posted a net income of P163.39 million from a net loss of P259 million during the...

Business