Published August 4, 2021, 4:50 PM Megaworld Corporation, the country’s largest developer of integrated urban townships, reported a 7 percent decline in attributable net income to P5.0 billion in the first half of the year compared to the same period of 2020. In a disclosure to the Philippine Stock Exchange, consolidated revenues reached P22.2 billion, but netting out the impact of interest and other income, the company’s core revenues registered at P20.6 billion. Rental revenues decreased by 13 percent to P6.3 billion during the first half of the year compared to P7.2 billion in the same period of the previous year. Real estate sales amounted to P13.5 billion, down 5 percent year-on-year, while reservation sales ended flat at P37.2 billion during the first half of 2021.