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Megaworld Corporation (Philippines)

Main Activities: Real Estate
Full name: Megaworld Corporation Profile Updated: March 11, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Megaworld Corporation (MEG) is engaged in property development. Incorporated in 1989, MEG's business is mainly residential property development. The company also conducts businesses such as hotel, resort and leisure development. Its main project is the Eastwood Cyberpark, an IT park classified as a special economic zone by the Philippine Economic Zone Authority. In relation to the park, MEG has a wholly owned subsidiary, Eastwood Cyber One Corp. MEG also wholly owns Megaworld Land, Inc. which markets the Eastwood Cyberpark to prospective locators and is in charge of leasing and selling commercial spaces. The company also wholly owns Prestige Hotels & Resorts, Inc., a hotel and leisure company that operates the five-star Richmonde Hotel in Ortigas Center.. The company's current property projects consists of mixed-use residential and commercial developments located throughout Metro Manila.

Legal Address
30/F, Alliance Global Tower, 36Th Street Cor. 11Th Avenue, Uptown Bonifacio
Taguig; National Capital Region; Postal Code: 1634

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Website: http://www.megaworldcorp.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1989
Key Executives
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Chairman
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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18.29%
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14.97%
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9.72%
Subsidiaries
Agile Digital Ventures, Inc
100%
Arcovia Properties, Inc
100%
Belmont Newport Luxury Hotels, Inc
100%
Company Performance
Financial values in the chart are available after Megaworld Corporation report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PHP. Absolute financial data is included in the purchased report.
Net sales revenue
14.4%
Total operating revenue
14.85%
Operating profit (EBIT)
13.37%
EBITDA
12.42%
Net Profit (Loss) for the Period
39.39%
Total assets
5.31%
Total equity
8.5%
Operating Profit Margin (ROS)
-0.35%
Net Profit Margin
5.38%
Return on Equity (ROE)
1.16%
Debt to Equity Ratio
-3.97%
Quick Ratio
-0.03%
Cash Ratio
-0.13%

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