For the general public, Megawide builds essential transit hubs, clean communal facilities, and affordable housing. For institutional investors, it offers a diversified, highly transparent, and well-capitalized company optimized for long-term growth.
Can companies prioritize social impact without sacrificing shareholder value? This is a question that businessmen and business organizations have long struggled to answer considering the fundamental economic motive that drives business.
At the Monday Circle forum last Monday, August 10, the members and guests had the enviable opportunity to meet the man who is showing that this can be possible, defying the traditional concept of business-making. This man is no other than Edgar Saavedra, the founder, chairman and CEO of publicly listed company Megawide Construction Corporation, with the trading symbol of MWIDE.
Under Saavedra’s leadership, Megawide is proving that financial profitability and social responsibility are not mutually exclusive. By executing a deliberate “Double Bottom Line” philosophy, Saavedra has transformed the engineering powerhouse from a traditional builder into an engine for sustainable national growth.
For investors, the metrics speak for themselves: a robust P50-billion construction order book, sharp profit margins, and a rapid 79% projected net income surge to ₱1.2 billion for the full fiscal year.
