Megaworld posts P5.83B net income in first quarter
The Freeman
|May 22, 2025
Property developer Megaworld Corporation opened the year with strong results, reporting a 16 percent year-on-year increase in net income to P5.83 billion in the first quarter.
Total revenues rose 11 percent to P20.93 billion, supported by gains across its key business segments: real estate sales, leasing, and hospitality.
“This strong start reflects the strength of our business model and the opportunities we’re seeing especially outside Metro Manila,” said Lourdes Gutierrez-Alfonso, president of Megaworld. “All core sectors — residential, offices, malls, and hotels posted growth.”
Megaworld, the pioneer of the township model in the Philippines, now has 35 integrated developments nationwide. Over half of these are located in the provinces, underscoring the company’s strategy to tap fast-growing regional markets.
RESIDENTIAL AND LEASING UNITS SHOW RESILIENCE
Dit verhaal komt uit de May 22, 2025-editie van The Freeman.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Freeman
The Freeman
India security forces kill 14 Maoist rebels
Indian security forces killed 14 Maoist rebel fighters Saturday in two clashes, police said, as New Delhi steps up efforts to quash the long-running insurgency in the country's central regions.
1 min
January 04, 2026
The Freeman
PRO-7 yields 6,900 arrests in 2025
In the pursuit of boosting public safety in Central Visayas, the Public Regional Office (PRO-7) concluded the year 2025 with a significant feat, as the number of arrests from various campaigns capped off at 6,900 individuals placed behind bars.
2 mins
January 04, 2026
The Freeman
Mandaue City deploying 70 traffic men for Traslacion
Preparations for the Traslacion of the image of the Santo Niño, as part of the Fiesta Señor 2026 celebrations, are now in full swing, with the Traffic Enforcement Agency of Mandaue (TEAM) set to deploy at least 70 traffic personnel to manage traffic and ensure public safety.
1 mins
January 04, 2026
The Freeman
Dalaguete kids to benefit from nutrition project
Hundreds of daycare children in Dalaguete town will soon benefit from a steady supply of free and nutritious food and snacks following recent turnover of an almost P10-million nutrition-focused sub-project by the Department of Social Welfare and Development (DSWD).
2 mins
January 04, 2026
The Freeman
Two dead as 6.5-magnitude earthquake shakes Mexico
A 6.5-magnitude earthquake rattled Mexico’s capital and a tourist hotspot on the Pacific coast on Friday, killing at least two people and causing moderate damage in a small town near the epicenter.
2 mins
January 04, 2026
The Freeman
U.S. immigration yearend review (Part 1)
To begin, I extend my warmest wishes to all our readers for a happy, prosperous, and healthy new year.
2 mins
January 04, 2026
The Freeman
Marcos warned: P633B 'hard, soft, shadow pork'
President Ferdinand “Bongbong” Marcos Jr. has two days to decide on the P6.793-trillion national budget, with watchdog groups warning that over P633 billion could fuel corruption or patronage politics without a veto or executive order.
3 mins
January 04, 2026
The Freeman
Obedience and maximum tolerance
A video gone viral on social media shows personnel of Cebu City's Prevention, Restoration, Order, Beautification, and Enhancement (PROBE) team stopping a vendor from selling water and chicharon in Plaza Sugbo.
1 mins
January 04, 2026
The Freeman
Cambodia demands troop withdrawal from Thailand
Cambodia called on neighboring Thailand on Saturday to pull out its forces from areas Phnom Penh claims as its own, one week since a truce halted deadly clashes along their disputed border.
1 min
January 04, 2026
The Freeman
P7M drugs seized a day after New Year
Just a day after the new year began, around P7 million worth of suspected shabu was seized from a 20-year-old suspect tagged as a high-value individual in the illegal drug trade.
1 mins
January 04, 2026
Listen
Translate
Change font size