Megawide seen shifting to housing-led earnings

The Manila Times 16 h Philippines

MEGAWIDE Construction Corp. is poised to shift toward a more predictable, housing-led earnings model as its participation in the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program gains scale, First Metro Securities said. The brokerage estimated that 16,700 units from Megawide’s existing 4PH projects could generate P28.3 billion in incremental revenue from the seco

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