Megawide posts P283.5-M income in 2023 as construction revenues grew

MANILA, Philippines — Megawide Construction Corp. of tycoon Edgar Saavedra saw its full-year earnings in 2023 reach P283.5 million, a reversal of the P1.87-billion net loss it registered the previous year as its construction business grew. In a statement on Monday, Megawide said revenues went up by 26 percent to P18.6 billion. Of this, 97
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