Engineering conglomerate Megawide Construction Corp. reported that its real estate business propelled a 22-percent growth in consolidated net income to ₱532 million in the first six months of 2026, equivalent to 80 percent of its full-year 2025 earnings. “Our performance in the first six months...
Megawide Construction Corp. reported that its property arm, PH1 World Developers Inc. (PH1), generated ₱3.15 billion in booked sales in the first six months of 2026, more than double the ₱1.38 billion recorded in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
Megawide Construction Corp.’s real estate arm, PH1 World Developers, has completed the structural framework for the first tower of Avesta Residences in Imus, Cavite—its pioneering project under the government’s Expanded Pambansang Pabahay Para sa Pilipino (4PH) Program. “For both PH1 World...
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...
