• PRYCE’s NET INCOME UP by 6.5% in 1Q 2019
    PPC registered a 6.5% year-on-year increase in net income, from Php 340.3 million to Php 362.3 million for the first quarter of 2019. Likewise, consolidated revenues increased from Php 2.35 billion to Php 2.57 billion, posting a 9.03% growth from its comparable 2018 period. These growth rates were mainly brought about by the company’s principal product, liquefied petroleum gas (LPG).
  • Pryce Corporation 2018 Net Income Up 12%
    Pryce Corporation (PPC) posted a 12% rise in its consolidated net income for the year ended December 31, 2018, from Php 1.25 Billion in 2017 to Php 1.405 Billion in 2018. The consolidated revenue growth of 11%, from Php 9.23 Billion in 2017 to Php 10.23 Billion in 2018, drove the increase in net income. Ninety-four percent of the group’s consolidated revenues were from the sale of Liquefied Petroleum Gas (LPG), while the remaining 6% came from sales of industrial gases, real estate and pharmaceutical products.
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