Philweb posts 2023 loss, rebounds in Q1
GAMING technology provider Philweb Corp. ended 2023 with a net loss of P72 million but started this year on a high note as it swung back to profitability with a P2.3-million net income in the first quarter. The 2023 result was a turnaround from the P27 million net income booked a year earlier, despite total […]
Tomas Kauer - News Moderator 
GAMING technology provider Philweb Corp. ended 2023 with a net loss of P72 million but started this year on a high note as it swung back to profitability with a P2.3-million net income in the first quarter.
The 2023 result was a turnaround from the P27 million net income booked a year earlier, despite total revenues expanding to P816 million, Philweb said in a filing on Monday.
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