Megawide Construction Corporation · PSE:MWIDE

Megawide Construction — H1 2025 Earnings Presentation

19 slides from Megawide Construction's earnings presentation, August 2025

  1. Slide 1: Megawide Construction Corp. 1H2025 Financial and Operating Results

    Megawide Construction Corp. 1H2025 Financial and Operating Results August 2025

  2. Slide 2: Disclaimer

    DISCLAIMER This presentation was prepared solely and exclusively for discussion purposes. This presentation and/or any part thereof may not be reproduced, disclosed or used without the prior written consent of Megawide Construction Corporation (the “Company”). This presentation, as well as discussio

  3. Slide 3: Outline

    1.0 Financial & Balance Sheet Highlights 2.0 Construction Outline 3.0 Landport 4.0 Real Estate

  4. Slide 4: Financial & Balance Highlights

    FINANCIAL & BALANCE HIGHLIGHTS

  5. Slide 5: Income Statement Highlights

    INCOME STATEMENT HIGHLIGHTS In PhP M 1H 2025 1H2024 % change Revenues 8,599.31 11,414.8 -25% Construction Operations 7,313.70 10,898.4 -33% Landport Operations 216.97 205.2 6% Real Estate Operations 1,068.64 311.1 243% Direct Costs 6,371.29 9,305.6 -32% Construction Operations 5,610.56 8,998.8 -38%

  6. Slide 6: Margin Performance

    MARGIN PERFORMANCE 1H2025 1H2024 Gross Profit Margin 26% 18% Construction 23% 17% Terminal Operations 35% 26% 26% Gross Margin Real Estate Operations 42% 50% vs 18% 1H2024 EBITDA Margin 28% 23% Construction 29% 23% 5% Net Margin Terminal Operations 68% 45% vs 4% 1H2024 Real Estate Operations 16% -16

  7. Slide 7: Balance Sheet Highlights

    BALANCE SHEET HIGHLIGHTS Jun-25 Dec-24 ASSETS Cash 4,476.25 5,780.84 Trade receivables 24,506.76 22,028.54 Real estate inventories 5,460.89 4,526.13 Other current assets 10,715.21 10,382.43 Contract assets 3,907.14 3,385.79 Total Current Assets 50,194.21 47,148.18 1.9x Property, Plant & Equipment 5,

  8. Slide 8: Construction Operations

    Construction Operations

  9. Slide 9: Steady Revenue Trajectory

    STEADY REVENUE TRAJECTORY QUARTERLY PERFORMANCE (PhP M) 6,702 5,950 4,948 4,931 4,623 4,265 4,267 4,213 3,792 3,668 3,653 3,247 2,959 3,280 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25

  10. Slide 10: Healthy Order Book

    HEALTHY ORDER BOOK ORDER BOOK MIX Office & Infrastructure Commercial , 27% 40% P37B Order book (2-3 years burn) Residential , 25 33% Existing projects % COMPLETION 53% 80-100%, 1% 0-20% completion (for future revenue recognition) 20-80%, 0-20%, 53% 46% 10

  11. Slide 11: Landport Operations

    LANDPORT OPERATIONS

  12. Slide 12: Steady Revenue Generation

    STEADY REVENUE GENERATION REVENUE PERFORMANCE Towers Commercial Terminal 20 32 37 12 78 43 20 22 82 83 63 6% 1H2025 revenue growth 70 63 90 75 67 54 54 42 37 34 31 vs 1H2024 -9 -38 -66 6/30/2023 12/31/2023 6/30/2024 12/31/2024 6/30/2025 12

  13. Slide 13: Increasing Traffic and Passenger Spending

    INCREASING TRAFFIC AND PASSENGER SPENDING AVERAGE DAILY FOOT TRAFFIC (‘000) 174 168 165 162 160 156 152 152 156 147 149 139 165k 156 Record monthly traffic in June 2025 Jun-24 Aug-24 Oct-24 Dec-24 Feb-25 Apr-25 Jun-25 P37 AVERAGE SPEND PER PAX (Php) Average passenger spend in 1H2025 39 37 36 34 34 3

  14. Slide 14: Commercial Holding Steady

    COMMERCIAL HOLDING STEADY 1H2025 COMMERCIAL OCCUPANCY 98% 95% 96% 92% 93% 88% 85% 85% 93% 84% vs 84% 1H2024 commercial area occupancy Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 65-21-14% 1H2025 TENANT MIX F&B – Retail – Services share Services 14% Retail 21% F&B 65% 14

  15. Slide 15: Office Occupancy Recovering

    OFFICE OCCUPANCY RECOVERING QUARTERLY OFFICE OCCUPANCY 56% 56% 45% 47% 37% 37% 37% 39% 32% 33% 34% 30% 27% 47% Office towers occupancy (from 27% as of end of 1H2025) Apr-24 Jun-24 Aug-24 Oct-24 Dec-24 Feb-25 Apr-25 Jun-25 1H2025 TENANT MIX BPO Event Govt Logistics

  16. Slide 16: Real Estate Operations

    = 222 SON 7”N 4% REAL ESTATE OPERATIONS

  17. Slide 17: Revenue Growth

    Revenue Growth YTD REVENUE (PHP MN) RESERVATION SALES (PHP MN) 1,068 1,690 311 1,068 1H2025 1H2024* 1H2025 1H2024 *PH1 was acquired in July 2023 17

  18. Slide 18: Strong Horizontal Offerings

    STRONG HORIZONTAL OFFERINGS UNITS 345 208 P5.0M 1H2025 1H2024 Average price per unit VALUE (PHP MN) 1,690 1,068 1H2025 1H2024

  19. Slide 19: Thank you

    hil MEGAWIDE pa ee Philippines Thank you FinanceAsia FinanceAsia FinanceAsia FinanceAsia FinanceAsia 2024 2024 2024 2024 2024 MOST COMMITTED TO ESG BEST MANAGED COMPANY BEST CEO BEST INDUSTRIALS COMPANY BEST SMALL-CAP COMPANY The Philippin The Philippin The Philippin Asia The Philippin Megawide Cons

Megawide Construction — H1 2025 Earnings Presentation on 6ix