Megaworld's 2017 net income jumps 13.4%

MEGAWORLD grew its net income by 13.4 percent to P13.3 billion, including non-recurring gains of P113 million), in 2017 from P11.7 billion the previous year.

Net income attributable to its parent company ended at P12.8 billion by December, a 12.7 percent jump from P11.3 billion during the same period last year.

The healthy growth was underpinned by the strong performances of its key businesses in residential and hotel developments, office as well as commercial space leasing in malls and shopping centers.

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