Archive

  • Pryce First Quarter Income up 53% Backed By Solid Volume Growth
    04
    May
    2016
    Pryce Corporation and its subsidiaries (PPC) capped the first quarter of this year with a 53% year-on-year increase in cinsolidated net income to Php 196.42 million from last year's Php 128.16 million. Largely contributing to this growth is the 23% increase in the liquefied petroleum gas (LPG) sales volumes of its subsidiary's PryceGas brand LPG from 32,981 metric tons (MT) in the first quarter of 2015 to 40,583 MT in the first quarter of 2016
  • Pryce Corporation Almost Doubles Net Income in 2015
    01
    Feb
    2016
    Pryce Corporation ended 2015 with a 98% increase in unaudited, consolidated net income over 2014.  Compared to consolidated revenues of P 6.381 billion in 2014, revenue in 2015 declined by P 522 million to P 5.859 billion, due mainly to the roughly 40% fall in LPG prices in 2015.   Consolidated net income, however, almost doubled, increasing from P 296.9 million in 2014 to P 586.3 million in 2015 for a 98% year-on-year growth
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