DigiPlus 9-month profit drops 12% to P8.9B

MANILA, Philippines — Weaker gaming revenues and softer macroeconomic conditions have reduced DigiPlus Interactive Corp.’s nine-month net income to about 12 percent to P8.9 billion from P10.11 billion last year. The Eusebio Tanco-led company said its earnings included noncash fair value gains from its investment in International Entertainment Corp.’s (IEC) convertible bonds. READ: DigiPlus Q1 earnings