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Megaworld H1 net income drops 7 4% to ₱5B

endIndex: Metro Manila (CNN Philippines, August 5) The property giant led by tycoon Andrew Tan-led saw signs of recovery in the second quarter, but the COVID-19 situation still dampened Megaworld Corp. s overall first-half performance. A financial report disclosed to the Philippine Stock Exchange on Thursday showed that Megaworld s net profit attributable to the company s shareholders fell by 7.4% to ₱5 billion in the first six months of 2021 versus the ₱5.40 billion a year ago. Consolidated revenues also decreased to ₱22.17 billion from the ₱23.79 billion generated a year ago. The listed firm noted netting out the impact of interest and other income, revenues posted ₱20.6 billion.

Megaworld plans biggest REIT IPO worth P27 3-B

Megaworld plans biggest REIT IPO worth P27 3-B
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.

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