Megawide Construction Corporation announced the possibility of a special dividend before the end of 2026 during its Annual Stockholders' Meeting. The company also highlighted its financial achievements and strategic plans, including a shift to a 4-D strategy.
Megawide Construction Corporation has completed the monetization of its 9% stake in Citicore Renewable Energy Corp., raising Php4.5 billion. The proceeds will be used to fund expansion and reduce debt, aligning with the company's strategic initiatives.
Megawide Construction Corporation announced a cash dividend of Php0.145 per share for common shareholders. The company reported significant financial improvements, including a 24% increase in net income for 2025 and a 26% increase in Q1 2026.
Megawide Construction Corporation announced a consolidated net income of Php265 million for the first quarter of 2026, a 26% increase from the previous year. The company also reduced its short-term debt by Php6.0 billion, improving its financial position amidst ongoing challenges from the Middle East crisis.
Megawide Construction Corporation reported a 24% increase in net income for FY2025, reaching Php669 million, aligning with its guidance. Despite lower consolidated revenues of Php17.7 billion, the company managed to improve its gross profit margins significantly.
Megawide Construction Corporation announced an order book of P50.0 billion for the year 2025, reflecting a 15% increase from the previous year. This growth is significant as it indicates a healthy pipeline of projects, particularly in the residential and expanded 4PH segments.
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