Megawide Construction Corp. lifted first-half net income by 22 percent to P532 million, already reaching 80 percent of its profit for all of 2025 as newer businesses expanded and financing costs declined.
Megawide Construction is putting its fast-build housing model to the test, reaching a key milestone on its first project under the government’s expanded 4PH housing program in less than 10 months.
Tycoon Edgar Saavedra’s Megawide Construction Corp. raised P4.5 billion from the sale of its stake in Citicore Renewable Energy Corp. to the Government Service Insurance System.
McDonald’s Philippines, Ronald McDonald House Charities (RMHC) Philippines, and Megawide Foundation have reopened the refurbished Ronald McDonald Bahay Bulilit Learning Center in Barangay Mambog IV, Bacoor City, reinforcing their partnership to support early childhood education and community development.
Tycoon Edgar Saavedra-backed Megawide Construction Corp. is declaring a cash dividend as rising profits and lower debt strengthen the builder’s balance sheet.
The Parañaque Integrated Terminal Exchange (PITX), together with Megawide Foundation and other partners, has joined this year’s Brigada Eskwela campaign by leading rehabilitation efforts for San Antonio Elementary School in Barangay San Antonio, Parañaque City, which was recently affected by a fire.
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.