MANILA — Construction giant Megawide Construction Corp. said its net income climbed 14 percent to P210 million in the first quarter of 2025.

In a statement, the company said its consolidated revenue reached P4.2 billion, with P3.67 billion coming from its construction operations.

Meanwhile, its real estate arm saw its highest-ever revenues at P397 million. Megawide said its My Enso Lofts, The Hive, Northscapes, Modan Lofts, and One Lancaster Park showed strong performance during the period.

The firm also noted that its landport operations yielded P136 million in revenue, 27 percent higher than in the previous year. It said the growth came from both from office towers and commercial spaces, which benefitted from the influx of passengers at the Paranaque Integrated Terminal Exchange (PITX).

Megawide operates PITX, the first landport in the Philippines.

Chairman and chief executive officer Edgar Saavedra said the company hopes to sustain its momentum by as it works on its exisiting contracts and projects.

The company said its order book was at P41.5 billion, by the end of March, with new contracts amounting to P2 billion.

In January, Megawide said it bagged the contract to help build the Cavite Bus Rapid Transit System.

Megawide says signed deal for Cavite Bus Rapid Transit System with Maplecrest, Cavite LGU