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Megawide swings to profitability, bets on new real estate developer business ANC

Megawide swings to profitability, bets on new real estate developer business ANC

HomeABS-CBN, NewsMegawide swings to profitability, bets on new real estate developer business ANC
Megawide swings to profitability, bets on new real estate developer business ANC
Market Edge: Michelle Ong talks to Megawide President and CEO Edgar Saavedra as the company swung back to profitability in the first half of 2023.  It Saavedra shares they are now betting on its new real estate developer business to overtake its construction business in terms of contribution to bottomline in two years. He adds the company is taking a ‘managed revenue’ strategy. 

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