All core businesses recorded double-digit growth Andrew Tan-led property giant Megaworld Corporation, registered a net income of P19.3-billion in 2019, up 22% compared to P15.8-billion the previous year. Excluding non-recurring gains of P691-million, net income grew 18% to a new record high of P18.6-billion. Net income attributable to parent company stood at P17.9-billion, also up 18% from P15.2-billion the year before. Consolidated revenues grew at a robust pace of 17% to P67.3-billion in 2019 from P57.4-billion in 2018. The healthy growth was underpinned by the strong performances of all of its key businesses. Megaworld’s rental business posted another record growth last year, soaring 18% to P16.8-bilion from P14.3-billion in 2018. Its office leasing arm, Megaworld Premier Offices, primarily contributed to the record growth in rentals, soaring 20.5% to P10.5-billion from P8.7-billion the previous year. The company was able to complete around 192,300 square meters