CR05582-2020

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-Q

QUARTERLY REPORT PURSUANT TO SECTION 17 OF THE SECURITIES
REGULATION CODE AND SRC RULE 17(2)(b) THEREUNDER

1. For the quarterly period ended
Jun 30, 2020
2. SEC Identification Number
CS200411461
3. BIR Tax Identification No.
232-715-069-000
4. Exact name of issuer as specified in its charter
Megawide Construction Corporation
5. Province, country or other jurisdiction of incorporation or organization
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
20 N. Domingo St., Brgy. Valencia, Quezon Postal Code Postal Code 1112
8. Issuer's telephone number, including area code
(02) 8655-1111
9. Former name or former address, and former fiscal year, if changed since last report
Not applicable
10. 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 40,000,000
11. Are any or all of registrant's securities listed on a Stock Exchange?
Yes
No
If yes, state the name of such stock exchange and the classes of securities listed therein:
Common and Preferred Shares - Philippine Stock Exchange
12. Indicate by check mark whether the registrant:

(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
No

The 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 and
Sections 17.2 and 17.8 of the Revised Disclosure Rules

For the period ended Jun 30, 2020
Currency (indicate units, if applicable) Philippine Peso
Balance Sheet
Period Ended
Fiscal Year Ended (Audited)
Jun 30, 2020 Dec 31, 2019
Current Assets 32,715,736,495 35,465,662,114
Total Assets 78,272,785,306 80,764,326,231
Current Liabilities 26,161,159,705 27,999,982,419
Total Liabilities 61,734,598,439 62,765,813,535
Retained
Earnings/(Deficit)
6,545,034,036 7,083,442,710
Stockholders' Equity 16,538,186,867 17,998,512,696
Stockholders' Equity - Parent 13,059,511,830 14,300,751,582
Book Value per Share 4.53 5.02
Income Statement
Current Year
(3 Months)
Previous Year
(3 Months)
Current Year-To-Date
Previous Year-To-Date
Gross Revenue 1,454,594,986 4,648,998,881 6,348,553,150 8,279,046,802
Gross Expense 2,217,288,001 4,132,393,636 6,812,977,558 7,313,734,927
Non-Operating Income (22,997,890) 30,111,136 (88,843,271) 95,514,969
Non-Operating Expense 491,064,086 241,277,855 1,034,012,547 588,720,764
Income/(Loss) Before Tax (762,693,015) 516,605,246 (464,424,408) 965,311,875
Income Tax Expense 28,367,415 67,319,828 152,570,343 234,369,097
Net Income/(Loss) After Tax (791,060,430) 449,285,418 (616,994,751) 730,942,778
Net Income Attributable to
Parent Equity Holder
(598,851,767) 346,604,637 (397,908,674) 585,859,801
Earnings/(Loss) Per Share
(Basic)
-0.33 0.13 -0.26 0.21
Earnings/(Loss) Per Share
(Diluted)
- - - -
Current Year (Trailing 12 months)
Previous Year (Trailing 12 months)
Earnings/(Loss) Per Share (Basic) -0.2 0.42
Earnings/(Loss) Per Share (Diluted) - -
Other Relevant Information

None.

Filed on behalf by:
Name Jennifer Lee
Designation Assistant Corporate Secretary and Corporate Information Officer