Megaworld earnings up 8% on robust sales

MANILA, Philippines — Property giant Megaworld Corp. of tycoon Andrew Tan recorded first-quarter earnings of P4.4 billion, an 8-percent jump, on stronger residential sales and higher mall and hotel revenues. Megaworld said in a stock exchange filing on Thursday that revenues climbed by 16 percent to nearly P19 billion as its core businesses grew. “We
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