Real estate pulls up Megaworld earnings by 9 percent

Strong real estate sales lifted the first-semester profit of property giant Megaworld Corporation by 9 percent to P8.55 billion. The billionaire Andrew Tan-led company on Wednesday said revenues expanded by 22 percent to P39.1 billion. Real estate sales surged by 30 percent to P24.8 billion on high demand for residential properties in Megaworld’s township developments,
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