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Property unit turns profitable
Manila Bulletin
|May 17, 2025
Megawide Construction Corp.’s real estate subsidiary, PH1 World Developers Inc., has turned profitable, boosting the engineering conglomerate’s first-quarter financial results.
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In a disclosure to the Philippine Stock Exchange (PSE), Megawide said its first-quarter 2025 net income grew 14 percent to P209 million from the P183 million earned in the same period last year.
Consolidated revenues for the period declined to P4.2 billion from P5.2 billion, while earnings before interest, taxes, depreciation, and amortization (EBITDA) reached P1.11 billion.
Cette histoire est tirée de l'édition May 17, 2025 de Manila Bulletin.
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