Saavedra-led contractor Megawide Construction Corp.’s engineering innovations unit Precast and Construction Solutions (PCS) saw its top line grow in the first nine months of 2022.
Saavedra-led contractor Megawide Construction Corp.’s engineering innovations unit Precast and Construction Solutions saw its top line grow in the first nine months of 2022.
PCS’ top line grew 2% year-on-year and more than thrice the P206 million recorded two years ago, the company said. The company said it started to strategically offer its PCS services to external clients in 2018 to expand its footprint in the local industry and promote a more environmentally-friendly innovation.
“As ancillary businesses, these legs can benefit from the company’s healthy order book as part of the value chain. Externally, they can also look for their own clients outside of Megawide to increase their customer base and diversify their revenue stream to leverage on the usability of precast as a natural progression in the construction industry,” said Megawide Chairman and CEO Edgar Saavedra.
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