REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER 1. For the quarterly period ended Mar 31, 20222. SEC Identification Number CS2004114613. BIR Tax Identification No. 232-715-069-0004. Exact name of issuer as specified in its charter Megawide Construction Corporation5. Province, country or other jurisdiction of incorporation or organization Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office No. 20 N. Domingo Street, Barangay Valencia, Quezon CityPostal Code11128. Issuer's telephone number, including area code (02) 8655-11119. Former name or former address, and former fiscal year, if changed since last report Not Applicable10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding |
Common | 2,013,409,717 |
Preferred | 143,626,010 |
(a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Sections 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of the Corporation Code of the Philippines, during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports)
Yes No (b) has been subject to such filing requirements for the past ninety (90) days Yes NoThe Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Megawide Construction CorporationMWIDE PSE Disclosure Form 17-2 - Quarterly Report References: SRC Rule 17 andSections 17.2 and 17.8 of the Revised Disclosure Rules
For the period ended | Mar 31, 2022 |
Currency (indicate units, if applicable) | Philippine Peso |
Period Ended | Fiscal Year Ended (Audited) | |
Mar 31, 2022 | Dec 31, 2021 | |
Current Assets | 38,956,461,751 | 39,772,467,299 |
Total Assets | 84,175,402,059 | 85,176,628,860 |
Current Liabilities | 27,220,945,255 | 27,365,849,718 |
Total Liabilities | 65,276,196,871 | 65,975,721,181 |
Retained Earnings/(Deficit) | 5,385,771,439 | 5,555,676,962 |
Stockholders' Equity | 18,899,205,188 | 19,200,907,679 |
Stockholders' Equity - Parent | 16,357,187,537 | 16,527,431,199 |
Book Value per Share | 2.05 | 2.13 |
Current Year (3 Months) |
Previous Year (3 Months) | Current Year-To-Date | Previous Year-To-Date | |
Gross Revenue | 4,219,682,531 | 3,831,651,892 | 4,219,682,531 | 3,831,651,892 |
Gross Expense | 4,377,732,384 | 3,984,599,473 | 4,377,732,384 | 3,984,599,473 |
Non-Operating Income | 54,870,187 | 108,487,088 | 54,870,187 | 108,487,088 |
Non-Operating Expense | 601,548,948 | 517,858,630 | 601,548,948 | 517,858,630 |
Income/(Loss) Before Tax | -158,049,853 | -152,947,581 | -158,049,853 | -152,947,581 |
Income Tax Expense | 34,157,142 | -15,029,473 | 34,157,142 | -15,029,473 |
Net Income/(Loss) After Tax | -192,206,995 | -137,918,108 | -192,206,995 | -137,918,108 |
Net Income Attributable to Parent Equity Holder | -60,748,166 | 2,847,782 | -60,748,166 | 2,847,782 |
Earnings/(Loss) Per Share (Basic) | -0.08 | -0.06 | -0.08 | -0.06 |
Earnings/(Loss) Per Share (Diluted) | - | - | - | - |
Current Year (Trailing 12 months) | Previous Year (Trailing 12 months) | |
Earnings/(Loss) Per Share (Basic) | -0.32 | -0.58 |
Earnings/(Loss) Per Share (Diluted) | - | - |
Other Relevant Information |
The SEC Form 17-Q for the quarterly period ended March 31, 2022 of Megawide Construction Corporation ("Megawide") was amended to reflect the results of Punongbayan & Araullo's ("P&A") review of Megawide's Interim Condensed Consolidated Financial Statements as of March 31, 2022 (the "Interim FS"). In this regard, the Interim FS was reviewed by P&A, pursuant to Megawide's bond offering. |
Name | Charlotte King |
Designation | Corporate Secretary |
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Megawide Construction Corporation published this content on 27 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 June 2022 11:13:51 UTC.