As of the first half of 2019, Pryce Corporation’s (PPC’s) consolidated net income rose by 25.80%, from Php 711.89 million to this year’s Php 895.57 million. The company’s consolidated revenues likewise grew from Php 4.83 billion to Php 5.32 billion, recording a growth of 10.08%. Sale of liquefied petroleum gas (LPG) and LPG-related products accounted for 93.97% of the group’s total revenue, while sale of industrial gases, real estate, and pharmaceutical products accounted for the balance.

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 (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.