December 03, 2016 11:06 PM ET

Household Durables

Company Overview of Megawide Construction Corporation

Company Overview

Megawide Construction Corporation engages in the general construction business in the Philippines. It operates through the Construction and Airport Operations segments. The company is primarily involved in constructing, enlarging, repairing, or engaging in various works upon buildings, houses and condominiums, roads, plants, bridges, piers, waterworks, railroads, and other structures. It also owns, uses, enhances, and develops various kinds of real estate properties. In addition, the company undertakes general construction projects, which comprise site development, earth works, structural and civil works, masonry works, architectural finishes, electrical works, plumbing and sanitary works, f...

Spring Building

2nd Floor

Arnaiz Ave. cor. P. Burgos St.

Pasay,  1300

Philippines

Founded in 1997

201 Employees

Phone:

63 2 655 1111

Key Executives for Megawide Construction Corporation

Megawide Construction Corporation does not have any Key Executives recorded.

Megawide Construction Corporation Key Developments

Megawide Construction Corporation Announces Board Changes

Megawide Construction Corporation announced that Atty. Joyce M. Briones resigned as Assistant Corporate Secretary, Compliance Officer, Corporate Information Officer and PSE Electronic Disclosure Generation Technology (EDGE) System Administrator effective November 15, 2016. In a Regular Meeting of the Board of Directors held on November 18, 2016, the Board elected Atty. Lorelee Margaret T. Granado as Assistant Corporate Secretary, Corporate Information Officer and PSE EDGE System Administrator vice Atty. Joyce M. Briones. She will serve the unexpired term of Atty. Joyce M. Briones. The Board also elected Atty. Jennifer C. Lee as Compliance Officer vice Atty. Joyce M. Briones, both appointments effective November 18, 2016.

Megawide Construction Corporation, Board Meeting, Nov 18, 2016

Megawide Construction Corporation, Board Meeting, Nov 18, 2016. Agenda: To elect Atty. Lorelee Margaret T. Granado as Assistant Corporate Secretary, Corporate Information Officer and PSE EDGE System Administrator vice Atty. Joyce M. Briones. She will serve the unexpired term of Atty. Joyce M. Briones.

Megawide Construction Corporation Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016

Megawide Construction Corporation announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported operating revenues of PHP 3,657,405,094 compared with PHP 5,087,900,820 for the same period a year ago. Operating profit was PHP 520,998,221 compared with PHP 931,658,014 for the same period a year ago. Profit before tax was PHP 446,464,463 compared with PHP 784,144,617 for the same period a year ago. Net income attributable to parent equity holders was PHP 322,473,886 compared with PHP 443,522,463 for the same period a year ago. Basic and diluted earnings per share was PHP 0.11 compared with PHP 0.16 a year ago. For the nine months, the company reported operating revenues of PHP 13,726,667,657 compared with PHP 10,788,977,908 for the same period a year ago. Operating profit was PHP 2,265,245,029 compared with PHP 1,999,817,356 for the same period a year ago. Profit before tax was PHP 1,985,446,757 compared with PHP 1,741,862,928 for the same period a year ago. Net income attributable to parent equity holders was PHP 1,307,831,586 compared with PHP 1,131,526,432 for the same period a year ago. Basic and diluted earnings per share was PHP 0.48 compared with PHP 0.38 a year ago. Net cash provided by operating activities of PHP 6,141,232,105 compared with PHP 3,481,198,256 for the same period a year ago. Acquisitions of property, plant and equipment, and computer software license were PHP 534,649,774 compared with PHP 335,976,639 for the same period a year ago. Book value per share was 3.72.

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