TOWNSHIP developer Megaworld Corp. is confident of reporting double-digit business growth for 2017 driven by strong demand for its property projects. “It was a very good year,” Megaworld First Vice President Kevin Tan told reporters last week. The company reported a net income of P10.34 billion for the first nine months of 2017, up 12 percent from P9.27 billion a year earlier, driven by its investment properties. “Our goal is to future-proof our first township here in Mindanao,” Megaworld Senior Vice President Jericho Go said. Megaworld added it is on track to hit its target of 28 malls by 2020 with four malls expected to open this year alone.

Source: Manila Times February 11, 2018 17:03 UTC