Megaworld net income up 12% to P9.7B

By Ed Paolo Salting

Nov 10, 2022 12:19 am

REAL estate firm Megaworld Corp. (Megaworld) reported that its net income grew by 12 percent to P9.7 billion during the first nine months of 2022 from the P8.6 billion registered last year as real estate sales and rental income remarkably improved during the period.

Consolidated revenues during the first three quarters of 2022 reached P42.5 billion, a 15-percent growth from P36.9 billion in 2021.

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