- | $MEG emphasizes that its aggressive expansion was the main reason for the increase of 17% in net income last year |
| Development, Megaworld making it right |
$MEG points expansion projects for the P15.2 billion net income last year, a 17% increase compared to 2017’s.
The company expands in many aspects such as commercial projects, with the opening of the Festive Walk Mall in Iloilo Business Park, as well as the 25-storey Philippine Global Service Center. Hotel projects such as twin lakes and the Savory Hotel Manila.
$MEG previously launched its newest township and is to be called Highland City, located in Cainta, Rizal. $EEI will help $MEG in making the said project and will cost P20 billion over the next 10 years for it.
BusinessWorld
April 8, 2019 10:34 am
