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Day: May 10, 2023

National

Surpassing pre-pandemic levels: Megaworld Q1 net income surges to P4.6B

Megaworld, the country’s pioneer developer of integrated townships, posted a net income of P4.6-billion in the first quarter of this year to surpass its quarterly performance during the pre-pandemic levels for the very first time. This figure was up 30% from P3.5-billion during the same period last year as all core businesses registered strong topline growth. Consolidated revenues grew by 24% to P16.2-billion. The company’s performance in the first quarter of 2023 marks its full recovery from its pre-pandemic performance. Consolidated revenues and net income are already 9% and 11% higher, respectively, compared to the first quarter of 2019.

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National

Nanay Bing pitches plan for shelter for abused kids

Seeking to establish a safe haven for abused children in Zambales, Congresswoman Doris “Nanay Bing” Maniquiz is now winning over community support for the “Zambales Bahay Kalinga,” a pet project that she has filed as a bill in the House of Representatives in March.

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