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DigiPlus Q1 profit soars to P2B

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.