Megawide Construction Corp 2022 IR
The report highlights Megawide Construction Corporation's financial and sustainability milestones for the fiscal year 2022, marking its 25th anniversary. The company successfully reversed its previous year's losses, recording a net income of Php 2.83 billion, driven by strategic transactions such as the GMR-Megawide Cebu Airport Corporation share sale. Megawide advanced its infrastructure portfolio by securing major contracts, including the Metro Manila Subway Contract Package 104 and the Malolos-Clark Railway Project. On the environmental front, the company expanded its precast production capacity and initiated a partnership to introduce carbon-reducing concrete technology. Additionally, Megawide reinforced its social commitment through community programs, educational scholarships, and employee development initiatives.
Company: Megawide Construction Corp
Sector: Industrials
Country: Philippines
Year: 2022
Type: IR
Pages: 96
Megawide Construction Corp
The report highlights Megawide Construction Corporation's financial and sustainability milestones for the fiscal year 2022, marking its 25th anniversary. The company successfully reversed its previous year's losses, recording a net income of Php 2.83 billion, driven by strategic transactions such as the GMR-Megawide Cebu Airport Corporation share sale. Megawide advanced its infrastructure portfolio by securing major contracts, including the Metro Manila Subway Contract Package 104 and the Malolos-Clark Railway Project. On the environmental front, the company expanded its precast production capacity and initiated a partnership to introduce carbon-reducing concrete technology. Additionally, Megawide reinforced its social commitment through community programs, educational scholarships, and employee development initiatives.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities