DIGIPLUS Interactive Corp. saw its net income in the first quarter surge by over four times to P2 billion from P436.8 million last year, anchored on a robust digital retail business.
In a disclosure on Wednesday, the gaming firm said consolidated revenues more than tripled to P13.6 billion from P4.2 billion following higher user traffic on its flagship platforms, BingoPlus and ArenaPlus, as well as new game offerings.'We intend to sustain our growth momentum by continuing to invest in innovation and new technologies to enhance the user experience and adding new digital offerings traditionally well loved by Filipinos,' DigiPlus President Andy Tsui said.
DigiPlus said that it was continuing to diversify its digital entertainment portfolio with the launch of new product offerings catering to various age groups and lifestyle preferences.'DigiPlus' platforms have since become a community and entertainment hub, a source of revenue for the Philippine government, and a contributor to various social and educational non-profit programs,' it said.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DigiPlus wins two awards at Global Good Governance Awards 2024DigiPlus Interactive Corporation (DigiPlus), the fastest-growing digital entertainment company in the country, received two awards at the recent 9th Global Good Governance (3G) Awards ceremony held in Taguig City.
Read more »
DigiPlus reports P2 billion net income in Q1 2024Digital entertainment firm DigiPlus Interactive Corp. recorded a net income of P2 billion in the first three months of 2024.
Read more »
DOH 7 allocates additional P2B for delayed Health Emergency AllowanceSunStar Publishing Inc.
Read more »
UnionBank’s Q1 income fell 41% to P2bDefining the News
Read more »
Campaign celebrating Songkran drives new interactive trends among LGBTQ+ membersDefining the News
Read more »
Calling all history buffs! New Mactan World Museum set to open in CebuThe museum will feature curated pieces, artifacts, and interactive displays highlighting the Philippines' cultural exchange with Spain
Read more »