Megaworld expects P145-B reservation sales by year-end

MEGAWORLD Corp. (Megaworld) hopes to reach its reservation sales target of P145 billion by year-end, even as its first-half record dropped to P68.5 billion from P76.1 billion in the same period in 2023.

"We expect our reservation sales to ramp up in the second half of the year," Megaworld head of investor relations Andy dela Cruz told analysts in a recent briefing, pointing out that demand is still strong, especially in key areas in the country where Megaworld has presence.