Megawide Construction Corporation reaffirmed earnings guidance for the year 2019. The company confirmed that net income could be flat in 2019 at PHP 1.89 billion due to the full year recognition of depreciation expenses related to the opening of the new International Terminal (T2) at the Mactan-Cebu International Airport last July 2018 and the full year impact of interest expenses, previously capitalized prior to the opening of T2. The company also confirmed that Megawide, while net income could be the same as the 2018 level, expects the construction business to recover this year after a cyclically slow performance in 2018.