Megawide Construction Corporation

Megawide Construction Corporation

101.90
PHP
+0.40
(+0.39%)
Nov 12Next Earn
No data availableFinancial data will appear here once available

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Revenue

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Company Description

CEO
Edgar B. Saavedra
Full Time Employees
3,483
Sector
Industrial services
Industry
Engineering & construction
Address
Quezon City Philippines
IPO Date
Jan 31, 2011
Business
Megawide Construction Corporation is a Philippines-based infrastructure conglomerate and engineering, procurement, and construction (EPC) company. Founded in 1997 and headquartered in Quezon City, Philippines, the company operates across three primary business segments: Construction and Precast Solutions, Landport Operations and Transit-Oriented Development, and Real Estate Development. Megawide provides comprehensive building and civil infrastructure solutions, specializing in advanced construction technologies, precast concrete manufacturing, and property development across the Philippines. The company offers an extensive portfolio of products and services organized across its core operating divisions: general engineering, procurement, and construction services for high-rise residential towers, commercial office buildings, mixed-use developments, and industrial facilities; civil infrastructure engineering, including mass transit railway viaducts, underground stations, bridges, and highway structures; advanced precast concrete solutions, including precast beams, girders, columns, precast wall panels, slab systems, and pre-stressed concrete elements manufactured at its specialized precast plant in Taytay, Rizal; specialized formwork systems, scaffolding, and falsework engineering; ready-mix concrete production and distribution; foundation engineering, ground improvement, and geotechnical works; heavy construction equipment leasing, logistics, and fleet maintenance services; multimodal transport terminal operation and facility management through the Parañaque Integrated Terminal Exchange (PITX), featuring automated ticketing, bus concourses, passenger transfers, and integrated commercial retail spaces; and residential and horizontal property development through its real estate subsidiary, PH1 World Developers, Inc., providing energy-efficient mid-rise and high-rise condominiums, horizontal housing communities, and commercial properties. In recent strategic developments, Megawide Construction Corporation has accelerated its business transformation by pivoting toward property development, transit-oriented developments (TOD), and public mass-transportation infrastructure. The company completed the strategic acquisition of PH1 World Developers, Inc., integrating property development into its core value chain and launching multiple residential developments across key growth corridors. Megawide also completed the full divestment of its equity interest in GMR Megawide Cebu Airport Corporation to Aboitiz InfraCapital Inc., allowing the company to monetize its airport platform, significantly reduce debt obligations, and redeploy capital toward transportation infrastructure and real estate ventures. In civil infrastructure, the company secured major public-sector EPC contracts in joint ventures with international engineering partners, including packages for the Metro Manila Subway Project and the North-South Commuter Railway (NSCR) Project. Furthermore, the company continues to expand its industrial precast concrete manufacturing capacities to supply high-volume precast segments for national railway corridors while advancing transit-oriented commercial developments adjacent to the Parañaque Integrated Terminal Exchange.