Megaworld gets 39% profit boost from office leasing, retail,

Megaworld gets 39% profit boost from office leasing, retail, hospitality units


BusinessWorld
August 5, 2021 | 12:06 am
ANDREW L. Tan’s listed property firm Megaworld Corp. posted a 39% growth in net attributable income to P2.6 billion in the second quarter compared with last year’s P1.9 billion on the back of improved performance across its office leasing business, and its retail and hospitality arm.
“We attribute the steady recovery of our businesses to our ability to identify opportunities amidst the pandemic, as we continue to focus our efforts to create products and services that meet the evolving needs of our customers,” Kevin Andrew L. Tan, chief strategy officer of Megaworld, said in a statement on Wednesday.

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