Megawide bounces back from pandemic in 2021

By Ed Paolo Salting

Jul 02, 2022 12:14 am

CONSTRUCTION company Megawide reported that for the full year of 2021 it has been able to bounce back from the disruption caused by the pandemic.

In its annual stockholders' meeting on Thursday, it posted consolidated revenues of P15.4 billion, 21 percent higher year on year, amid a persistent Covid-19 pandemic. Earnings before interest, taxes, depreciation and amortization also improved to P2.84 billion.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

EDC granted rights to Indonesia projects

ACEN invests P50M, gets 100% of Belenos

IMI restructuring overseas operations

MVP Group firms take full ownership of DigiCo

Golden MV to expand Villar City via P5.2-B deal

GNPD submits lowest bid for Meralco supply

Ayala share offer gets SEC approval