PCSO hits P16B revenue for first quarter of 2018 - News Summed Up

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PCSO hits P16B revenue for first quarter of 2018


LIPA CITY, Batangas: The Philippine Charity Sweepstakes Office (PCSO) has announced it earned over P15.9 bi­l­­l­ion in revenues for the first quarter of 2018. The amount represents the combined income from all PCSO products – lotto, keno, sweepstakes and small town lottery (STL). PCSO General Manager Alexander Balutan said the proceeds generated for this quarter, is a P3.5 billion increase or 28.24 percent higher than the revenue of the same quarter last year. STL registered the highest increase in revenue amounting to P3.2 billion or 114 percent compared to its P2.8 billion income last year. For the first quarter of 2018, PCSO assisted 120,356 patients nationwide, a 34 percent increase in the number of patients served for the same period last year.


Source: Manila Times April 28, 2018 16:18 UTC



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