MREIT posts P1.99-B in net income for Jan-Sept 2022

By Ed Paolo Salting

Nov 15, 2022 12:11 am

MEGAWORLD Corp.'s Real Estate Investment Trust MREIT, Inc. (MREIT) registered a net income of P1.99 billion during the period of January to September of 2022, up by 147 percent from the P807.40 million figure in 2021.

In addition, the firm's revenues also soared by 188 percent in the first nine months of 2022 from P938.40 million in 2021 to P2.71-billion in 2022.

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