Real Estate Management and Development
Company Overview of Megaworld Corporation
Megaworld Corporation, together with its subsidiaries, develops, markets, and leases real estate properties in the Philippines. It operates through three segments: Real Estate, Rental, and Hotel Operations. It develops mixed-use planned communities or townships, including residential, commercial, office, leisure, entertainment, and educational/training components. The company’s real estate portfolio comprises residential condominium units, subdivision lots and townhouses, and condominium-hotel projects, as well as office projects and retail spaces. It is also involved in the lease of office and retail spaces; and property-related activities, such as project design, construction oversight, an...
Alliance Global Tower
36th Street cor. 11th Avenue
Founded in 1989
Key Executives for Megaworld Corporation
Megaworld Corporation does not have any Key Executives recorded.
Megaworld Corporation Key Developments
Megaworld Corporation Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2017
Apr 30 18
Megaworld Corporation reported audited consolidated earnings results for the year ended December 31, 2017. For the year, the company reported revenues of PHP 50,236 million against PHP 46,688 million a year ago. Net profit was PHP 14,689 million against PHP 11,580 million a year ago. Net profit to owners was PHP 10,000 million against PHP 7,565 million a year ago.
Megaworld Corporation Presents at AREAA Annual Global and Luxury Summit 2018, Apr-07-2018 09:00 AM
Apr 4 18
Megaworld Corporation Presents at AREAA Annual Global and Luxury Summit 2018, Apr-07-2018 09:00 AM. Venue: Seattle, Washington, United States. Speakers: Maria Marivic Victoria M. Acosta, Senior Vice President of International Marketing.
Megaworld Announces Audited Consolidated Earnings Results for the Full Year Ended December 31, 2017
Mar 26 18
Megaworld announced audited consolidated earnings results for the full year ended December 31, 2017. For the year, the company grew its net income by 13.4% to PHP 13.3 billion (including non-recurring gains of PHP 113 million) in 2017 from PHP 11.7 billion (including non-recurring gain of PHP 82 million) the previous year. Net income attributable to parent company ended at PHP 12.8 billion by end December 2017, a 12.7% jump from PHP 11.3 billion during the same period last year. Diluted earnings per share were PHP 0.400 against PHP 0.355 reported last year. profit before pre-acquisition income was PHP 13.3 billion against PHP 11.7 billion reported last year. The healthy growth was underpinned by the strong performances of its key businesses in residential and hotel developments, office as well as commercial space leasing in malls and shopping centers. Consolidated revenues including non-recurring gains grew 7.7% to PHP 50.4-billion in 2017 from the previous year's PHP 46.8 billion. Net cash from operating activities was PHP 5.8 billion against PHP 4 billion reported last year. Additions to property and equipment were PHP 431.8 million against PHP 480.9 million reported last year. Additions to land for future development were PHP 404.4 million against PHP 1,687.2 million reported last year. Revenues and Income was PHP 50,408,309,553 against PHP 46,817,544,472 a year ago. Profit for the year before Pre-Acquisition Income was PHP 13,276,491,167 against PHP 11,712,676,602 a year ago.
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