Saavedra-led Megawide Construction Corp. expects its net income to surge 79 percent this year, driven by the growing pipeline of state-backed housing projects and aggressive debt reduction. Edgar Saavedra, Megawide chairman and chief executive officer, said the company is targeting a net profit of...
Megawide Construction Corp. expects higher earnings in 2025 as it reported a consolidated net income of ₱436 million in the first six months of the year—slightly lower than the ₱438 million earned in the same period last year but amounting to 81 percent of full-year 2024 net income. In a...
Megawide Construction Corporation’s real estate subsidiary PH1 World Developers, Inc. has turned profitable, boosting the engineering conglomerate’s first quarter financial results. In a disclosure to the Philippine Stock Exchange, Megawide reported that its net income for the first quarter of...