Amid strong residential sales, listed real estate developer Megaworld Corp. grew its first-half net income by 15 percent to P4.25 billion from the P3.69 billion it earned in the same period last year.
In a disclosure to the Philippine Stock Exchange, Megaworld explained that the increase in its profit during the first six months of the year was on the back of strong sales from the residential portfolio of its township projects.
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