Megawide

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Thursday, 11 June 2026
21 May 2026
11:18AM

Megawide Q1 profit rises 26%, debt cuts unlock P300-M savings

Tycoon Edgar Saavedra’s Megawide Construction Corp. grew first-quarter net income by 26 percent to P265 million as the infrastructure builder accelerated debt reduction and tightened costs.
8 May 2026
3:26PM

Saavedra’s Megawide posts 24% profit jump to P700M in 2025

Tycoon Edgar Saavedra’s Megawide Construction Corp. grew 2025 earnings by 24 percent to P669 million as the builder tightened costs, expanded its property business, and pushed deeper into transport and social infrastructure.
18 Mar 2026
4:05PM

Megawide hits P50-B order book on mass housing push

Tycoon Edgar Saavedra’s Megawide Construction Corp. is locking in future revenues with a P50 billion order book, signaling stronger visibility and a shift toward more stable, recurring income streams.
17 Feb 2026
3:45PM

Megawide plans P180-B rollout of 100,000 affordable homes in 5 years

Megawide Construction Corp. is moving to build 100,000 low-cost homes in five years, one of the largest private commitments yet to the government’s flagship 4PH housing program.
19 Dec 2025
9:23AM

Saavedra's Megawide locks in P10-B Pag-IBIG investment for mass housing push

Megawide Construction Corp. has secured a P10-billion investment from the state-backed Pag-IBIG Fund to fast-track a portion of the government’s expanded Pambansang Pabahay Para sa Pilipino or 4PH program.
19 Nov 2025
7:35PM

Megawide pulls off rare back-to-back capital raise with P3-B listing

Tycoon Edgar Saavera’s Megawide Construction Corp. raised P3 billion from its latest preferred share follow-on sale, strengthening its balance sheet and giving it more room to expand projects across construction, real estate, and infrastructure.
15 Nov 2025
3:16PM

Megawide on track to beat full-year 2024 profit; P3.5-B debt trim boosts balance sheet

Megawide is closing in on its full-year profitability goal as nine-month net income reached P501 million which is already nearly the company’s profit for the entire year 2024.
22 Oct 2025
10:07AM

Saavedra-backed PH1 World Developers defies property glut with record P3.4-B sales

PH1 World Developers, the property arm of tycoon Edgar Saavedra’s Megawide Construction, continued its strong run, posting P3.38 billion in sales in the first nine months of 2025.
20 Oct 2025
12:15PM

Saavedra-backed Megawide wins P1.2-B Baguio terminal, expands landport empire

Megawide Construction Corp. has clinched the Notice of Award from the City Government of Baguio for the P1.2-billion Baguio City Integrated Terminal (BCIT), a 40-year PPP project.
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